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Mortgage-lending strong

Series: British Bankers Association Press Release ; 27 July 2004 (2)Publication details: 2004Subject(s): Summary: Gross mortgage lending in June 2004 totalled nearly £18.0bn. This was £2.4bn higher than in May 2004 and 20% more than June 2003. These are the highest figures on record. Approval numbers in June were also stronger than May - there were 230 300 loans approved, with a total value of £18.9bn. The average amount people borrowed was £118 100. http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=145&a =4251

Gross mortgage lending in June 2004 totalled nearly £18.0bn. This was £2.4bn higher than in May 2004 and 20% more than June 2003. These are the highest figures on record. Approval numbers in June were also stronger than May - there were 230 300 loans approved, with a total value of £18.9bn. The average amount people borrowed was £118 100. http://www.bba.org.uk/bba/jsp/polopoly.jsp?d=145&a =4251