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New survey adds to the evidence of a tightening lending market

A new mortgage market survey from the charted surveyors e.surv suggests that mortgage lending volumes and average loan-to-value ratios fell further in October. While the survey has yet to be tested against hard data from the BBA or Bank of England, meaning that its accuracy is as yet unknown, it paints a clear picture of a mortgage market environment that is still tightening.

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