UK figures for loans, mortgages and credit cards show stability across the board.

The regular monthly report from the BBA reveals the usual plethora of figures, but the underlying trend seems to be stability in lending levels with figures in line with seasonal expectations and slight improvements in credit card repayments.

The usual round up of mortgage activity reveals a slight slowdown in the number of new mortgages indicating a possible reduction of first-time buyers entering the housing market. This could be the root cause of many areas showing slight reductions in house prices as new buyers are finally finding property prices to be out of their reach.

Remortgages are seeing a new increase of 12% over the same period last year - the cause here could be new enthusiasm from mortgage payers to re-evaluate their deals in the light of recent interest rate hikes.

On the loans front, lending was slightly down (2%) on previous levels with credit card spending up by 8% on July 2006, but overall credit card debt was down indicating better levels of repayment.

The average size of new home loans or mortgages was £159,900 which is 13% higher than last July and largely reflects the rise in property prices over the year as reported recently.

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