UK banks see less lending in Q4, expect more defaults: BoE survey

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LONDON, Oct 12 (Reuters) – British lenders expect to curb the availability of mortgages in the next three months, a Bank of England survey showed on Thursday.

The BoE’s quarterly Credit Conditions Survey also showed lenders thought defaults on secured loans and on credit cards and other loans would increase.

Reporting by William Schomberg

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