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Aldermore comments on BBA high street lending figures

POSTED: 27th January 2016
IN: Newsroom
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Commenting on the BBA’s December 2015 figures, Charles Haresnape, Group Managing Director, Mortgages at Aldermore said:

“Today’s figures highlight the continuing strong year-on-year growth across the housing market. In spite of December traditionally being a slower month, the numbers reflect continued activity among house buyers and owners looking to re-mortgage. 

“With record low mortgage rates across the market, it is unsurprising to see re-mortgaging up by almost one-third on last year’s levels. December also saw the launch of the Help to Buy: ISA, so it will be interesting to see if savings deposits are up for this month too.”

**Ends**

For further enquiries, journalists can contact:

Adam Taylor, Cicero Group

Phone:          0207 297 5971

Email:           adam.taylor@cicero-group.com

Rachael Snelling, Aldermore

Phone:          0208 1853 102

Email:           Rachael.Snelling@aldermore.co.uk

Notes to editors:

For further information about Aldermore, our financial backers and our PR contacts, please review our Notes to Editors page.

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