Net lending by UK banks rose slightly in February, up £3.9bn, according to figures from the British Bankers' Association (BBA).
Approvals showed some improvement from January, with £3.5bn home purchase loans approved, up from £2.9bn in January, with the total number of mortgages approved reaching £7.8bn.
However, they remain at a very low level - the number of mortgages approved is down 56.5% on last year.
David Dooks, statistics director at the BBA, commented: "Most new mortgage lending is being done by the high street banks but demand is, of course, being moderated by the impacts of the recession.
"Remortgaging activity has slowed in recent months, while higher numbers of loans approved for house purchase simply reflect the banks' greater market share."lending
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