Mutual lenders grip on mortgage market tightens to 25%

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In March, gross mortgage lending by building societies and other mutual lenders was £2.9 bn, a rise of 8% against 2012.

Mutuals lent £.7.8bn in the first quarter of 2013, a 19% rise on Q1 2012. In the first quarter of 2013, net lending by mutuals was £1.9bn, up from £0.9bn in the first quarter of 2012. During the...

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