UK mortgage lending expected to see steady growth in next two years

The value of home lending in the UK increased across all residential sectors in December but there is a mixed picture in terms of growth and decline, according to the latest data from the Council of Mortgage Lenders. New data from the Council of Mortgage Lenders reveals a mixed picture on lending in December to November. However, on an annual basis, the value of lending grew across all lending types and the CML expects steady growth in the next two years. First time buyers borrowed £4.5 billion...