Mike Thornton - Independent Mortgage Adviser - 0330 606 1439

The week in numbers – 26th August 2015

£3.6bn – The amount paid out by insurers to protection policyholders in 2014.

39% – Business information provider Timetric says gross lending will grow by nearly 40% to £286bn by the end of 2019.

21% – More than one fifth of borrowers searching for a mortgage on comparison websites over the past year were looking for a loan with a term of over 30 years or more, says Mortgage Advice Bureau and Twenty7Tec.

5.7% – The percentage by which the average UK house price rose in the 12 months to June, according to the Office of National Statistics.

£22bn – The amount advanced by mortgage lenders in July – the highest monthly total in 7 years – according to the Council of Mortgage Lenders.

£300m – The amount in extra tax that Nationwide says it will pay as a result of the Chancellor’s banking levy reform.

£2.8bn – The bridging sector grew by 30 percent in the 12 months to June, according to West One Loans.

50bps – The Mortgage Works says it is offering its cheapest ever range after cutting rates by up to 0.5%.

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