UK mortgage lending rose by 5% in October compared with the previous month, according to a lenders' group.
However, the £13.5bn of gross mortgage lending recorded by the Council of Mortgage Lenders was down 27% compared with the same month a year ago.
The group said that the month-on-month rise in lending was typical seasonal activity.
But the type of lending has changed since the start of the year, with remortgaging at "decade-low levels".
SOURCE: BBC News