Gross lending decreased significantly to £16.9 billion in April.

Gross lending decreased significantly to £16.9 billion in April.
The government's economic ownership of the Group totalled 84.4% after the financial crisis.
The transaction completed in partnership with Hinckley & Rugby Building Society and Muve.
The lender is now offering a sub-4% three-year fix at 65% LTV.
Market activity is holding up well following the end of the stamp duty holiday.
Rates start from 3.50% above the Bank of England base rate.
The new product marks the first expansion of the lender's RomaGROW range.
However, the more relaxed borrowing drives up house prices, the less impact there will be on transactions.
We spoke to Matt Kingston, sales director at Nottingham Building Society, about what products mortgage lenders should be offering for underserved groups, his predictions for the year...
The Tribunal agreed the pair should pay "substantial financial penalties".
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