UK mortgage lending slows: BoE data

bank-of-england-head-on

Data released by the Bank of England on Monday shows the amount of loans extended to households by banks declined in September, ending a steady recovery in mortgage lending this year.

The amount of house purchases fell by £200 million ($320 million), from £5.9 billion in August to £5.7 billion in September, according the Bank of England's Trends in Lending. House purchases in the UK increased by 28% in the eight months prior to August. However, the data shows the issuance of mortgages has peaked

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: