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.
January cheaper property sales hit by end of stamp duty holiday
12 March 2010Data for January 2010 shows that the end of the stamp duty holiday in December 2009 affected loans for house purchase more than loans for remortgage.
CML publishes Budget submission
10 March 2010The CML's submission to the Chancellor in advance of the 24 March Budget outlines the CML's key priorities as continuing support for borrowers in financial difficulties, and addressing the funding gap.
Scottish mortgage market recovering - but slower than UK as whole
24 February 2010House purchase activity in Scotland continued to pick up in the last quarter of 2009.
Gross mortgage lending declined in January
18 February 2010Gross 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.
CML response urges Treasury not to regulate buy-to-let
15 February 2010The Council of Mortgage Lenders has today responded formally to the Treasury's consultation on whether to extend the scope of mortgage regulation.
Stamp duty rush caused 2-year December high in first-time buyers
12 February 2010The rush to buy properties in the £125,000 - £175,000 bracket before the year-end stamp duty concession expired, triggered a two year high on loans to first-time buyers
Buy-to-let lending in 2009
11 February 2010New buy-to-let lending grew 9% in the last three months of 2009, an increase for the second consecutive quarter.
Mortgage arrears and possessions declined in fourth quarter of 2009
11 February 2010Mortgage 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. This figure reflects the number of possessions taken by first charge lenders on both home-owner and buy-to-let mortgages.
Latest Bank mortgage lending figures may point to slower January
01 February 2010The latest Bank of England mortgage data published today confirms the likelihood that there may have been a "bunching" of house purchase transactions in December to beat the stamp duty concession deadline.
CML welcomes publication of FSA rules on sale-and-rent-back
29 January 2010The Council of Mortgage Lenders welcomed publication today of details of the full regime for regulation of the sale-and-rent-back market.
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