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Research published by Property Industry Eye reports that mortgage lending for house
buying purposes was up 11% in August on the same month last year – despite a drop of almost 40% in buy-to-let borrowing for house purchase.
First time buyers borrowed £5.1bn, up 13% on July and 24% on August last year. This equated to 31,800 loans, up 12% month on month and 19% year on… Read Full Story »
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