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Mortgage lending down 7% in September

Mortgage lending in September 2010 is down 7% from September 2009. Gross mortgage lending was £12 billion in september compared to £12.1 billion in August.
These are the lateset figures from the CML and these show the lowest September figures since September 2000. Michael Coogan, CML Director General does not anticipate any rise in lending for the remainder of the year.

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