Royal Bank of Scotland gross mortgage lending up in 2012
4 March, 2013
More good news on the financial front as the Royal Bank of Scotland (RBS) announced that they increased their gross mortgage lending by 9.6% to £16bn in 2012 with nearly 20% of its lending to first-time buyers,
Their annual results revealed that the bank advanced £3bn to first-time buyers, while Funding for Lending helped it lend more than £500m of mortgages for 4,000 homebuyers, or 14% of all completions in the last quarter of 2012.
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