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.

This content is only available to registered users

You must be logged in to continue

Gated access promo

Would you like to read more?

Register for free to finish this article.

Sign up now for the following benefits:

  • Four FREE articles of your choice per month
  • Breaking news, comment and analysis from industry experts as it happens
  • Choose from our portfolio of email newsletters

To access this article REGISTER NOW

Would you like print copies, app and digital replica access too? SUBSCRIBE for as little as £6 per week.

Registered users and subscribers SIGN IN here to continue