Gross lending falls £1.9bn in February
Gross mortgage lending fell £1.9bn from £25.9bn in January to an estimated £24bn in February, says the Council of Mortgage Lenders.
Gross mortgage lending declined to an estimated £12.4billion in January, an 8% fall from £13.5billion in December and a 52% drop from January 2008, according to the Council of Mortgage Lenders.