Mortgage lending continued its spring rise into May, according to the British Bankers' Association.

The number of mortgages approved for house purchases rose to its highest level so far this year.

A total of 36,709 loans were approved by the major banks for people buying a property during the month.

It was the third month in a row of rising mortgage approvals, and left the amount outstanding 4.3% higher than in May 2009.

The BBA represents the High Street banks, which account for 75% of new mortgage lending.

Source: BBC News