Mortgage lending up in August

29th September 2017

Mortgage lending has hit its second highest level since April 2008, according to figures from UK Finance, which showed total gross lending rose to £24.2bn in August, up 6.4% on July. The number of mortgages approved for house purchase rose to 41,807 in August, stronger than the monthly average of 41,133 over the past six months and 11% higher than the same time last year.

The Daily Telegraph (26/09/2017)