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Lending to individuals rises £1bn

Nia Williams

October 31, 2011

Lending secured on dwellings rose by £0.3bn, less than the previous six-month average increase of £0.6bn.

The number of loan approvals for house purchases decreased to 50,967 in September from 52,347 in August but remained above the previous six-month average.

The number of approvals for remortgaging increased to 34,924 in September from 34,726 in August and was also above the previous six-month average.


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