Submitted on Wednesday 22nd April 2009

Lending up in March

The latest data from the Council of Mortgage Lenders shows gross mortgage lending was an estimated £11.5bn in March, a 16% rise from £9.9bn in February . This is what you woukld expect as pent up demand coincides with the Spring sunshine and consolidates the decisions that were probably made by people over the Christmas period.

This is still 52% lower than last year.

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