I have completed an article about a lending slump during December 2017.
Read here https://www.mortgagestrategy.co.uk/mortgage-lending-slump-december-bank-england/
I would agree about a lending slump but not in December, as our figure show that we did more business leading up to Christmas than we had over the last 5 years.
January, on the other hand, has been very quiet for most of the businesses in our industry.
Maybe Scotland is one month behind the trend in England, but it is interesting contras.