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> UK net mortgage lending march: GBP-326 mln vs -230 mln prev

UK net mortgage lending march: GBP-326 mln vs -230 mln prev

Mike Paterson

Wednesday, 24/04/2013 | 08:32 GMT

24/04/2013 | 08:32 GMT

0

gross lending GBP +7.65 bln vs +7.78 bln prev
mortgage approvals march 31,227 vs 30,579 prev
credit card borrowing GBP +1oo mln vs 362 mln prev
personal loans/overdrafts GBP-512 mln vs -51 mln prev

Encouraging rise in approvals but not a game changer right now. Trend for paying off mortgages continues as home owners remain cautious on outlook.

GBPUSD still around 1.5254

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