Mortgage applications rise by 3% in year to May 2018
29 June, 2018
New data out this week shows that the number of applications approved by high street banks rose by 3%. Much of this was driven by remortgages which rose by 18%.
The report by UK Finance also revealed that gross mortgage lending was £22.2 billion in May, 8.8% higher than in the same month the year before.
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