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Mortgage lending fell by 2% between May and April, but saw a 19% drop from a high of £31.5bn in May 2007.
Figures released today by the Council of Mortgage Lenders (CML) showed gross mortgage lending totalled £25£5bn in May, down 2% from £26.1bn in April. However, there has been a 19% drop since May 2007, when gross lending hit £31.5bn.Rob Davies explains how best to use the Internet to get a good mortgage deal
The March/April 2010 issue of Your Mortgage is on sale now. In it we look at the pros and cons of Mortgage Payment Protection Insurance; we list the 10 golden rules that every first-time buyer should know; weigh up the relative merits of fixed rates and tracker mortgages and explain how equity release schemes can help older homeowners. Get your copy for the latest news, information and help.
The Your Mortgage Awards aim to reward those lenders that have excelled in providing innovative and competitive products. Widely regarded as the UK's definitive consumer mortgage awards, the Your Mortgage Awards have now been running for 20 years.





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