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Bank mortgage lending 'subdued'

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  • #1

    Bank mortgage lending 'subdued'

    Mortgage lending in January by the UK's biggest banks continued to be subdued, with remortgages dominating.

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  • #2
    Remortgage deals prop up market

    Approvals for remortgages made up a record 49% of home loans in January, latest figures from the British Bankers' Association show

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    • #3
      January's figures for the main high street banks

      January's mortgage lending strengthened a little and approvals for remortgaging were exceptionally strong. Unsecured lending remained subdued, while personal deposits showed stronger growth than lately. Lending to financial companies was well above the recent trend.

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