Mortgage lending rose just £2.9bn in October

The British Bankers’ Association has revealed high street mortgage lending has risen by just £2.9bn in October - below both September and the average of the past six months.

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1. October mortgage lending up 7% in October
2. Net lending at mutuals up £99m in October
3. Mortgage lending falls 70% in one month
4. Lending to individuals falls by £500m
5. Loans to small firms rise by almost £1bn