The Council of mortgage Lenders (CML) said, "The number of mortgages granted rose to 52,700, 29 percent more than in August 2008."
It’s a sign the property market is stabilizing and today’s report adds to evidence that Britain is emerging from its worst recession in a generation.
The number of people remortgaging their homes declined, the CML [...]

 
The Council of Mortgage Lenders (CML) said that gross mortgage lending rose 26% in July to £16bn.

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The lending figure has jumped from £12.7bn in June but represents a 36% decline from the £24.9bn recorded in July last year.
The CML says the figures point to a modest improvement [...]