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May lending is the second highest on record

By: Language: English Series: CML Press Release ; 20 June 2006Publication details: 2006Subject(s): Online resources: Summary: Gross mortgage lending reached £28.7bn in May, 18% higher than in April and nearly 30% higher than in May 2005. It was the strongest May figure on record, only 0.55 below the single month record set in July 2004 (£28.9bn). There are currently 11.6m mortgages in the UK with loans worth around £1trillion.
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Item type Current library Call number Copy number Status Barcode
Journal article Virtual Online ONLINE PUBLICATION (Browse shelf(Opens below)) 1 Available 134006-2001

Gross mortgage lending reached £28.7bn in May, 18% higher than in April and nearly 30% higher than in May 2005. It was the strongest May figure on record, only 0.55 below the single month record set in July 2004 (£28.9bn). There are currently 11.6m mortgages in the UK with loans worth around £1trillion.