Property lending in the UK surged in December, latest figures show

[Nicholas Wallwork]

Property buyers in the UK rushed to complete before the end of last year to beat the end of the*stamp duty holiday, it is claimed.

The fact that gross mortgage lending surged to reach an estimated £13.7 billion in December, a*14% rise from £12.1 billion in November, shows that they were eager to avoid paying extra tax if*they had completed after January 01.

Click Here to Read The Full Story and Add your Own Comments to Property lending in the UK surged in December, latest figures show