Gross mortgage lending up 24% in May
CML figures released today show that gross mortgage lending in May was an estimated £12.2 billion. This is a rise of 24% from April, when £9.9 billion was lent, and represents a 13% rise compared to May 2011, when the figure was 310.8 billion. Bob Pannell, CML chief economist comments: “The government has recently announced […]