Sub-Prime Mortgage Market Keeps Growing.

M2 Presswire | July 9, 2007 | Copyright

M2 PRESSWIRE-9 July 2007-DATAMONITOR: Sub-Prime Mortgage Market Keeps Growing(C)1994-2007 M2 COMMUNICATIONS LTD

RDATE:11072007

London- A new report* by independent market analyst Datamonitor (DTM.L) reveals that sub-prime** mortgage lending in the UKis set to grow further. The UKsub-prime mortgage market experienced another strong year of growth in 2006, expanding by 28 per cent in gross advances on the previous year's level, reaching GBP24.6 billion. In Datamonitor's opinion, by 2011, the UKsub-prime mortgage market will reach GBP31.5 billion, growing at a ...

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