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BBA: Mortgage Lending Growth Slow Down

BBA: Mortgage Lending Growth Slow Down

Posted by Trader On June - 26 - 2009













The British Banking Association informs about increase of the quantity of the mortgage lending requests approved. The 31,2 K in May is compared to 29,0 K in April. The analysts were close forecasting 29,5K growth for the reported period.

All together, the clear volume of the mortgage lending increased by 2,3 milliard pounds since June (the least since 2001), compared to +2,5K pounds in April. The yearly increase of the clear mortgage lending constituted 5,2%.

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