; Eurozone Debt Crisis May Reduce Money Banks Lend

Summary


MORTGAGE lending hit a two-year high in August, but lenders warned the eurozone debt crisis threatens to squeeze the amount of money available to homeowners.

Gross mortgage lending rose 10% on a year ago to pounds 13.4bn, its highest since July 2009, the Council of Mortgage Lenders said.

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; Eurozone Debt Crisis May Reduce Money Banks Lend

But the property market remained "subdued", it added, as last month's rise only served to offset...

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