Gross mortgage lending
Month
Total £m
2007
May
31,507
Jun
34,870
Jul
34,167
Aug
33,999
Sep
30,381
Oct
33,496
Nov
30,005
Dec
23,918
2008
Jan
25,944
Feb
25,033
Mar
24,149
Apr
26,124
May *
25,500
* estimated
Source: CML Research, Bank of England
1. Total gross lending gives the total value of loans secured on dwellings that are newly advanced by institutions in the period. All the figures were sourced from the Bank of England except the estimate for the most current month.
2. The CML estimates of gross lending for the latest month were based on the lending figures provided by a sample of lenders that more than 70% of the mortgage market. The aggregate of these figures were scaled up to represent the whole market.
2. The CML estimates of gross lending for the latest month were based on the lending figures provided by a sample of lenders that more than 70% of the mortgage market. The aggregate of these figures were scaled up to represent the whole market.
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