Mortgage lending is still profitable, yet in June it was 3% lower than a year earlier, while net consumer borrowing fell for a second month.

按揭贷款仍然是有利可图的，然而6月比去年同期下降3%，并且净消费贷款连续两个月下滑。

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"It is significant that net mortgage lending during the month actually stagnated, reflecting the recent precipitous decline in approvals, " said Simon Rubinsohn of the Royal Institution of Chartered Surveyors.

BBC: Mortgage lending slumps says Bank

"No new net mortgage lending across a full calendar year would be unprecedented and is likely to be associated with further weakness in consumer spending and an increase in unemployment, " he said in the report.

BBC: New mortgage lending 'to shrink'

However it massively increased its share of the mortgage market, taking 18.9% of all net mortgage lending in the UK against its previous peak of 14.5%, seen in the second half of 2006.

BBC: Northern Rock has been heavily hit by the sub-prime crisis