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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.The truth about house prices
We are constantly bombarded with, often conflicting, information regarding house prices. Paula John provides a round-up of the major indices, explaining why they differ.
The September/October issue of Your Mortgage is on sale now. In it we look at how far you can – and should - go when arranging a mortgage online; the help available for first-time buyers from lenders, family and the government; we explain the advantages of using a good adviser and how to find one, and why buying a brand new property can be kind to your wallet and your nerves. 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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