CML urges a delay on HIPS
The Council of Mortgage Lenders has called for the implementation of HIPs to be postponed until full evidence from research and area trials is available.
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Record mortgage lending
Gross lending hit an all-time January high of £26.8 billion according to the latest data from the Council of Mortgage Lenders.
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Rate rises are putting off buyers
A lack of property on the market has driven up house prices for the fifteenth consecutive month, despite cooling demand, says RICS UK Housing Market Survey.
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First-time buyers hit by double whammy
Nationwide Building Society has released a report showing the effects of interest rate and house price rises on first-time buyers and it’s a double whammy for them – high house prices and rate rises.
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House market remains steady
The latest housing market survey from the National Association of Estate Agents has shown a positive overall national picture in the residential housing market for the start of 2007.
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Growth in buy-to-let faster than house market
330,000 buy-to-let mortgages, worth a total of £38.4 billion, were taken out in 2006, according to figures released by the Council of Mortgage Lenders.
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Decline in affordability to dampen 2007
Gross mortgage lending in December fell 14% from November’s all-time high of £33.2 billion to £28.6 billion, but was still the highest December figure on record, according to new data published today by the Council of Mortgage Lenders.
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