lHome loans were down by £1 billion in May to £23.8 billion, according to the Council of Mortgage Lenders.The number of house purchase loans also dropped from 118,000 in April to 103,000, suggesting a cooling in the housing market.
Subscribe to the AJ from £3 per week
For less than the cost of a pint you can have the magazine, iPad edition, full access to TheAJ.co.uk and the amazing AJBuildingsLibrary.co.uk. Subscribe now and experience architecture from a British perspective. The AJ - it's your journal.