Finance

Mortgage lending slump continues in second quarter of 2023

By 2023-08-29T09:34:00

Estate agent window

Source: Shutterstock/Alex Segre

Borrowing for house purchases continued to show a sharp fall during the second quarter of the year, according to UK Finance.

Following a weak first three months of 2023, mortgage lending activity was down by almost a third compared with the same period in 2022.

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