In July last year the Treasury announced that the UK’s biggest lenders were revealing how much they lent at a local level. After major campaigns by the likes of Community Investment Coalition, the data was finally released in December through a framework agreed by the British Bankers Association, Council of Mortgage Lenders and the treasury. The data provides details at postcode sector level of more than £1tn of lending across Great Britain for residential mortgages, loans to small and medium businesses and unsecured personal loans.
Richard Browne from the Fairbrum team, had a look at the data for Birmingham to see what it said
A blog about what he found can be found on the New Start website: CLICK HERE