Extract . . .
“Number of mortgages for house purchases rose 7% in July, but loans to first-time buyers fell by 2%, the Council of Mortgage Lenders says 'Demand for mortgages remains weak, despite loans for house purchases rising by 7% to 56,000 in July compared to the previous month', according to latest figures published by the Council of Mortgage Lenders.”
Link
http://www.guardian.co.uk/money/2010/sep/13/mortgage-lending-weak-market
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