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The latest news and events at Maples Teesdale

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Mortgage lending increases, but concerning signs elsewhere

For me the stand out concern flagged in this piece from the Guardian is the increase in credit card borrowing, much of which as the article notes will be taken on terms which start with very low repayments but which then click up aggressively at the end of the introductory period, putting additional strain on flat-lining household budgets

UK mortgage lending rises but banks warn on 'sluggish' economy

Tags

mortgage, mortgage lending