CML news & views

Issue no. 24 - 14 December 2011

Today, we update our analysis of mortgage affordability for first-time buyers and provide fresh data on the extent to which this group receive help with deposits from relatives. We also look at what Bank of England data shows about the injection and withdrawal of housing equity, and government plans for reform of support for mortgage interest.

In this issue

First-time buyers and affordability: a fresh perspective
Market downturn has reduced equity withdrawal, says Bank
Lenders respond to proposals for support for mortgage interest
Monthly mortgage affordability best for eight years

First-time buyers and affordability: a fresh perspective

Today, we update our analysis of the number of first-time buyers getting help with their mortgage. A key finding is that the proportion not receiving assistance has declined significantly in recent years.

Market downturn has reduced equity withdrawal, says Bank

Bank of England data shows households have injected record amounts of equity into home-ownership.

Lenders respond to proposals for support for mortgage interest

The CML has given an initial reaction to the government's proposals for support for mortgage interest. We want to work with the government to improve the way this benefit is administered.