Mortgage lending and new property starts up in UK but experts caution against optimism

Discussion in 'UK Property' started by Nicholas Wallwork, Nov 20, 2009.

  1. Nicholas Wallwork

    Nicholas Wallwork Editor-in-Chief Staff Member Premium Member

    [​IMG]Improved mortgage lending and house building figures have given a boost to*the UK property market, adding to optimism that the sector has stabilised.

    The latest figures from the Council of Mortgage Lenders (CML) said that*the total amount of lending rose by 5% in October to an estimated £13.5*billion, but lending is still low compared with a year ago.



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