000 01182cam a2200205 4500
001 WB@3612-416
008 040722n2004 000 0 eng u
035 _a(Sirsi) u126915
245 _aJune mortgages up
260 _c2004
490 _aCouncil of Mortgage Lenders Press Release
_v20 July 2004 (2)
520 _aThe Council of Mortgage Lending has just released figures for June 2004. Gross lending totalled a record £37.8bn, 15% higher than the £24.2bn lent in May and 24% higher than the £22.4bn lent for the same period in 2003. Lending for house purchase reached its highest ever monthly figure of £13.6bn and remortgaging also showed a substantial rise of 16% to £10.8bn. It also worryingly revealed that first-time buyers are now borrowing on average more than three times their income. Further information can be found on the website: http://www.cml.org.uk/servlet/dycon/zt-cml/cml/liv e/en/cml/home. http://www.cml.org.uk/servlet/dycon/zt-cml/cml/liv e/en/Text/press_releases_2004_0720
590 _aWB
590 _aWB
650 _aMORTGAGE LENDING
650 _aMORTGAGE MARKET
650 _aREMORTGAGING
690 _aHOUSING-FINANCE
942 _n0
999 _c117763
_d117763