CML news & views
Issue no. 4 - 2 March 2010
Walking very slowly to catch up: housing supply and demand
Aspirations to home-ownership are being squeezed by a combination of first-time buyer affordability constraints and a shortage of housing. Lenders will do what they can to try to find new solutions to old problems, but the government will need to do more to address the housing shortfall.
Cable sets out views on responsible lending
The Liberal Democrat shadow chancellor Vince Cable last addressed the lending industry directly 15 months ago at our annual conference. Today, he calls for the implementation of a new traffic light warning system to identify risky mortgages.
What happened in the regions in 2009?
It was a two-tier market in 2009, with lending for house purchase recovering while remortgaging declined. Meanwhile, first-time buyers in East Anglia were the most likely to benefit from the stamp duty holiday.
Three new associates join the CML
AON Benfield, First Title and Milliman have all become associates of the CML. There are now 109 members and 77 associates.
Editor's details
- Name:
- Bernard Clarke
- Tel:
- 020 7438 8923
- Email:
- bernard.clarke@cml.org.uk
