Mortgage gross lending - all new lending done in a given period including remortgaging and new loans for house purchase. Mortgage balances outstanding - the total mortgage balances outstanding at a given point of time. Net mortgage lending - the total change in balances outstanding between two point in time, this can also be calculated by adding together the total gross lending in a period less repayments, redemptions and loan losses in the same time period.
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Consumer confidence slipped last month to its lowest level since March 2009, with growing pessimism about the housing market, research has indicated.
Mortgage gross lending - all new lending done in a given period including remortgaging and new loans for house purchase.
Mortgage balances outstanding - the total mortgage balances outstanding at a given point of time.
Net mortgage lending - the total change in balances outstanding between two point in time, this can also be calculated by adding together the total gross lending in a period less repayments, redemptions and loan losses in the same time period.
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