Housing market cooling
Series: Financial Times ; 21 September 2000, 4(1)Publication details: 2000Subject(s): Summary: Data reveals the housing market to be slowing. Lending figures from the Council of Mortgage Lenders reveal that gross mortgage lending was unchanged in August at £10.7bn. British Bankers' Association data shows a stronger rise in mortgage lending by £2.2bn in August compared with £1.9bn in August, but says the increase reflects consumers using loans secured against their property , rather than traditional loans, to finance spending.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| News article | London News article | WB3637-11 (Browse shelf(Opens below)) | 1 | Available | 108413-1001 |
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Data reveals the housing market to be slowing. Lending figures from the Council of Mortgage Lenders reveal that gross mortgage lending was unchanged in August at £10.7bn. British Bankers' Association data shows a stronger rise in mortgage lending by £2.2bn in August compared with £1.9bn in August, but says the increase reflects consumers using loans secured against their property , rather than traditional loans, to finance spending.