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August mortgage lending weak

Series: British Bankers Association Press Release ; (August 2004) 20 September 2004 (8)Publication details: 2004Subject(s): Summary: The latest figures from the "Major British Banking Groups: August 2004" show that despite mortgage lending rising by £4.4bn in August 2004; this was the weakest figure since June 2002. Growth in total unsecured personal lending at +£1.2bn was slightly above the recent average, with the demand for structured personal loans (+£9.6bn) increasing. Overall, total sterling lending to the UK private sector showed an underlying net increase of £13.6bn to £1 024.1bn. http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=145&a =4486
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Item type Current library Call number Copy number Status Barcode
News article London News article WB4036-04 (Browse shelf(Opens below)) 1 Available 127475-1001

The latest figures from the "Major British Banking Groups: August 2004" show that despite mortgage lending rising by £4.4bn in August 2004; this was the weakest figure since June 2002. Growth in total unsecured personal lending at +£1.2bn was slightly above the recent average, with the demand for structured personal loans (+£9.6bn) increasing. Overall, total sterling lending to the UK private sector showed an underlying net increase of £13.6bn to £1 024.1bn. http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=145&a =4486