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There are signs of recovery in the UK housing market with July mortgage approvals for the six biggest banks increasing on the previous month.
According to the report, the number of loans granted by institutions rose to 53,400 from 50,200 in June.
However overall mortgage lending in the UK has fallen by 28 per cent in the last year, data from the Council of Mortgage Lenders revealed.
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The Adviser is the number one magazine for Australia's finance and mortgage brokers. The publications delivers news, analysis, business intelligence, sales and marketing strategies, research and key target reports to an audience of professional mortgage and finance brokers
Do you find that lender valuations frequently come in below 'independent' market valuations?
