BBA figures exhibit extreme lending reached £12.8bn in the month,as low interest rates lured borrowers to the market
Britain’s banks lent more money through mortgages in October than at any point since the summer of 2008, figures exhibit, and as low interest rates and rising incomes tempted more people into the market.extreme mortgage lending hit £12.9bn during the month,26% higher than in October 2014 and the highest figure since August 2008, according to the latest data from the British Bankers’ Association (BBA).
Continue reading...
Source: theguardian.com