Latest British Banking Association mortgage data a short while ago amidst the turmoil
- 43,660 prev revised down from 43,975
- net mortgage lending £+8.6bln vs +7.74bln in Dec
A 27% increase in mortgage borrowing which the BBA's chief economist attributes in part to a rush to get in before a hike in stamp duty .
Not going to make any difference to the current scenario.
