Wednesday, July 25, 2012
CML mortgage statistics - June gross mortgage lending
declines
The
Council of Mortgage Lenders estimates that gross mortgage
lending in June totalled £11.9 billion, representing a 5% fall both
from the previous month (£12.5 billion) and from June 2011 (£12.6
billion).
Gross lending for the second quarter of 2012 was therefore an
estimated £34.2 billion, a 2% increase from the first three months
of this year (£33.6 billion) and a 3% increase from the second
quarter of 2011 (£33.3 billion).