Gross annual bridging lending hits £3.6bn
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Gross mortgage lending reaches highest level since 2008
The Council of Mortgage Lenders estimates that gross mortgage lending reached £19.9bn in December. That's is 3% lower than November's £20.5bn, but 23% higher than December 2014's £16.2 bn.
Quick Buck: Bridging loans on the rise in Q2
Greater choice and increasingly competitive rates drove a chunky 16.9% hike in the number of borrowers taking out bridging loans in Q2, according to the Association of Short Term Lenders.
Behind the Numbers: Mortgage lending is actually still 46% down on pre-crash levels
Last week's Council of Mortgage Lenders numbers (reported here) show that gross mortgage lending for the UK is, overall, on the rise.
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