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Mortgage lending improved in October by 7 percent

According to the Council of Mortgage lenders we saw an improvement in mortgage lending of 7 percent in October, this being the first rise since July this year, but unfortunately is still 44 percent lower than in October 2007.
Last October mortgage lending totaled 33.4 billion whereas this October total mortgage lending

CML: Mortgage recovery still a long way off

According to the Council of Mortgage Lenders, a recovery in the mortgage market is still a long way off; this comment follows figures from CML that show home purchases for May remained low at 52,700.
Although this was a 4% rise over April, you still have to remember that