Mortgage lending slumps: Primelocation
Mortgage lending by the high street banks fell by 60% in the last year, according to the latest figures released by the British Bankers Association. In November 2007, more than 45,000 new home loans were approved: a year later it was less than 18,000.
See http://www.primelocation.com/news/mortgage-lending-slumps/
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