The British Bankers Association (BBA) published its latest figures for high street banks which show that:

  • Gross mortgage borrowing was 28% higher than last year and the last two months have seen the highest monthly totals for 7 years.
  • Mortgage approvals were up 25% from last year, remortgaging up 31% and house purchase up 20%.
  • Bank lending to companies in manufacturing, wholesale and retail sectors went up with a net capital finance of £23.2 billion in 2015.