Figures from the Council of Mortgage Lenders (CML) have shown that gross home loan lending fell to a 10-year low in January. January`s home loan lending figure was 32% lower than December`s figure, and 21% lower than the figure recorded in January 2009. The CML said that `lenders had seen a surge in the number [...]

According to the Council of Mortgage Lenders (CML), gross home loan lending increased 14% in December, `defying the traditional Christmas slump`, The Times reports. Gross lending increased to 13.7m last month, which is 3% higher than the figure recorded a year earlier. Meanwhile, according to the Bank of England`s monthly `Trends in Lending` report, there [...]