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Evening Standard
Evening Standard
Business
Daniel O'Boyle

Mortgage market finally returning to pre-pandemic levels, Virgin Money says

The mortgage market is finally returning to pre-pandemic levels, Virgin Money said today, after more than a year of subdued activity.

The bank revealed that lending was flat in the three months to 31 December at £72.8 billion, with mortgage lending dipping slightly. The business says it took a “disciplined approach to trading” as mortgage rates soared last year.

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