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Banks report increase in UK mortgage availability

Posted on 04 April 2013

Survey shows more secured loans on offer to individuals, but situation for small and medium businesses remains tight. Banks’ appetite for lending to individuals grew in the first three months of 2013, but the availability of loans to small and medium businesses remained restricted, according to the Bank of England’s latest credit conditions survey.
Lenders reported an increase in the overall availability of secured credit to households for the third consecutive quarter, citing attempts to increase their market share as the main reason for offering more loans……………………………………….Full Article: Source


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