Mortgage lending slowly rising
March 25th, 2010 by Len
In February 2010 mortgage lending has risen by 6% to 9.2 billion pound. These figures come from the council of mortgage lenders. This is an unusual increase as February normally does not see any increases in fact these are possibly some of the harder time being the start of the year and being closely after the Christmas period.
These figures are encouraging for the recovery of economy in the UK and are expected to continue to improve. Provided house prices do not fluctuate too much the UK will find these figures continually rising, however this is a big ‘IF’ and could go the way we do not want it too.
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