Mortgage demand remains strong

Series: Major British Banking Groups' Press Release ; 28 August 2001, (2)Publication details: 2001Subject(s):

Summary: Latest figures from the Major British Banking Group (MBBG) indicate that mortgage demand remains strong. In July 2001, gross mortgage lending by the MBBG totalled £10,979m, compared with £10,350m in June 2001. However, looking ahead, the BBA's chief executive warns the figures suggest mortgage demand may be peaking.

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News article	London News article	WB3732-21 (Browse shelf(Opens below))	1	Available	114394-1001

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Latest figures from the Major British Banking Group (MBBG) indicate that mortgage demand remains strong. In July 2001, gross mortgage lending by the MBBG totalled £10,979m, compared with £10,350m in June 2001. However, looking ahead, the BBA's chief executive warns the figures suggest mortgage demand may be peaking.

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