Press releases
Most recent press releases are listed first. Use the search options on the left to filter news and click on the title to read the full story.
Response to Credit Conditions Survey
02 July 2009There are encouraging signs in the second quarter Credit Conditions Survey, but a a rapid return to pre-crunch lending volumes and products is extremely unlikely.
Positive revisions to CML housing market forecasts
22 June 2009The seeds have been sown for economic recovery, although this will be slow and protracted in the housing market as elsewhere. The CML's revised housing market forecasts anticipate fewer arrears and possessions in 2009 than previously forecast, and a less negative outlook for net lending.
May gross lending still subdued
18 June 2009Gross mortgage lending totalled an estimated £10.3 billion in May, a 2% decline from April, according to new data from the CML.
Borrowers switch back to fixes
11 June 2009With the interest rate cycle now at its floor, an increasing proportion of borrowers are choosing fixed-rate mortgages, according to new data from the CML.
CML Scotland response to Repossessions Working Group report
09 June 2009CML Scotland looks forward to playing an active role as the Scottish government takes the Repossessions Working Group's recommendations further.
CML comment on Bank of England lending data
02 June 2009The rise in mortgage approvals noted in the Bank of England April data is welcome, although activity still remains very low on any historical comparison.
House purchase lending declines in Scotland
27 May 2009There were 7,600 house purchase loans in Scotland in the first quarter of 2009, down 34% from the previous quarter, according to new data from the CML.
April gross mortgage lending
21 May 2009Gross mortgage lending declined to an estimated £10.4 billion in April, according to new data from the CML.
Buy-to-let activity in the first quarter of 2009
15 May 2009Buy-to-let lending fell in the first quarter of 2009, reflecting challenging market conditions. But buy-to-let will continue to fulfil an important role in supporting the private rental market, and there are some encouraging early signs that underlying arrears levels may be improving.
First quarter figures suggest 75,000 repossessions this year now looks pessimistic, says CML
15 May 2009First quarter data show both arrears and repossessions continuing to rise, but the effect of lower mortgage rates and increased lender forbearance suggest that the CML's 75,000 forecast for the year now looks pessimistic.
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