FROM OTHER NEWS SITES
DAILY TELEGRAPH Cannes Film Festival 2012: Kanye West steps out with Kim Kardashian for Cruel Summer premiere - Thu, 24 May 2012 09:19:06 GMT
Cannes Film Festival 2012: Kanye West steps out with Kim Kardashian for Cruel Summer premiere - Thu, 24 May 2012 09:41:18 GMT
FINANCIAL TIMES UK growth revised downwards - Thu, 24 May 2012 09:15:40 GMT
UK growth revised downwards - Thu, 24 May 2012 10:04:51 GMT
BBC NEWS BBC News - Business - Thu, 24 May 2012 10:04:29 GMT
BBC News - Business - Thu, 24 May 2012 09:19:18 GMT
Poll
Current Issues
New Issue
Special supplement
Special supplement
Jobs
Jobs of the Week
Life Insurance Sales Advisor – Employed or Self Employed – OTE £50k!
Hampshire
Employed Mortgage and Protection Advisor - Hemel Hempstead
Hertfordshire
Upcoming Events
NACFB: Maximise Your Membership Roadshow, Bristol
Building society lending subdued
The value of mutual sector approvals in January was £0.8 billion, and gross lending was £1.0 billion, according to the latest figures from the Building Societies Association (BSA).
Commenting on the lending figures, Adrian Coles, BSA Director-General, said: "Although it is not possible to compare lending figures in January to previous periods it is evident that activity was subdued and this has been felt by all lenders. Low activity in the month was expected following the surge of buyers aiming to beat the end of the stamp duty relief in December. The adverse weather conditions experienced at the start of the year have further suppressed market activity."
The data shows:
• Mutuals' gross lending amounted to £1,039 million in January 2010.
• Net lending by mutuals in January 2010 was - £819 million.
• Approvals by mutuals in January 2010 were £832 million.
