Articles in the cml Category

 Mortgage lenders urge more help for those struggling

The Council of Mortgage Lenders has produced a Budget submission urging the government to commit to the ongoing funding of measures to help borrowers in financial difficulty.

Posted in 2010, cml on 11 March 2010

 Scottish mortgage market recovering

House purchase activity in Scotland continued to pick up in the final three months of 2009, according to new data released by the Council of Mortgage Lenders.

Posted in cml on 25 February 2010

 Estate agents react to mortgage lending figures

In response to the latest repossession statistics from the Council of Mortgage Lenders, which reports a fall in mortgage lending during January, Peter Bolton-King, Chief Executive of the National Association of Estate Agents (NAEA) comments:

Posted in 2010, Mortgage Lending, NAEA, cml on 19 February 2010

 Gross mortgage lending weakened in January

Gross mortgage lending declined to an estimated £9.1 billion in January, a 32% fall from £13.4 billion in December and a 21% fall from £11.5 billion in January 2009, according to the Council of Mortgage Lenders.

Posted in 2010, Mortgage Lending, cml on 19 February 2010

 Stamp duty rush caused 2-year high in first-time buyers

The number of loans to first-time buyers hit a two-year high in December 2009, driven by a rush to buy properties in the £125,000 – £175,000 bracket before the year-end stamp duty concession expired, according to figures released by the Council of Mortgage Lenders.

Posted in 2010, Affordability, House Prices, Stamp Duty, cml, first time buyers on 14 February 2010

 New buy-to-let lending increases

New buy-to-let lending increased for the second consecutive quarter in the last three months of 2009, according to figures released from the Council of Mortgage Lenders.

Posted in 2010, Buy to Let, cml on 12 February 2010

 Mortgage arrears and possessions decline

Mortgage lenders took 10,200 properties into possession in the fourth quarter of 2009 – 13% lower than in the third quarter, and 2% down on the fourth quarter of 2008, according to the Council of Mortgage Lenders.

Posted in 2010, Mortgage Lending, cml on 12 February 2010