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Issue no. 21 - 30 October 2012

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The main article in today's issue updates our analysis of housing equity held by borrowers. It concludes that, since we conducted a similar exercise last year, the number of borrowers in negative equity has declined by more than 100,000, to around 700,000. Meanwhile, the number of first-time buyers in negative equity has also fallen.

In this issue

  1. Equity position of borrowers has improved, CML analysis shows
  2. Lenders need 18 months for implementation – but remain open for business
  3. Book now for the CML's conveyancing conference
  4. CML welcomes Strategic Value Partners as an associate

Equity position of borrowers has improved, CML analysis shows

Equity position of borrowers has improved, CML analysis shows

Updated CML analysis shows that the number of borrowers in negative equity has declined by 13% since last year.

Lenders need 18 months for implementation – but remain open for business

Lenders need 18 months for implementation – but remain open for business

In the end, there were few surprises when the FSA published the outcome of its mortgage market review. Now, lenders face the challenge of implementing the new rules.

Book now for the CML's conveyancing conference

Book now for the CML's conveyancing conference

The CML is now taking bookings for its forthcoming conference focusing on all the latest developments in conveyancing.

CML welcomes Strategic Value Partners as an associate

CML welcomes Strategic Value Partners as an associate

Asset management firm Strategic Value Partners has joined the CML as an associate. The CML now has 113 members and 88 members.

Editor's details

Name:
Bernard Clarke
Tel:
020 7438 8923
Email:
bernard.clarke@cml.org.uk

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