Mortgage lending is ‘holding up well’ as transaction numbers build

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Gross mortgage lending at £18.2bn in February, but home-movers and buy-to-let house purchases are both down on a year ago

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Lending in London tailed off in 2014's Q4 says the Council of Mortgage Lenders, as the levels of both house purchase and remortgage lending fell both year-on-year and quarter-on-quarter.
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Gross mortgage lending stuck at just over £16bn in September, according to the Council of Mortgage Lenders. Last month's £16.2bn wasn't far off August's £16.
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Serene and stately, the historic London enclave of St James's is also home to the highest average resi mortgage rate in the UK, and by some distance...