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Tuesday, December 12, 2017

New mortgage lending in UK reaches highest level since 2008

British households are taking on the highest levels of fresh mortgage debt since the beginning of 2008, spurred by low interest rates from the Bank of England, even as the proportion of first-time buyers dwindles. Banks extended new mortgage commitments to borrowers worth £69.6bn in the three mon...

New mortgage lending in UK reaches highest level since 2008

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