Financial crisis: Mortgage lending plunges 95 per cent as housing market suffers

The value of mortgages lent to British homebuyers fell 95 per cent last month, according to the Bank of England.Mortgage approvals hit a record low after banks tightened lending Photo: PAIt said mortgage lending dived to just £143 million during August - its lowest since this data was first collected in April 1993 and [...] continue reading world news