CML news & views
Issue no. 12 - 29 June 2010
It was no surprise that support for home-owners came under pressure in the emergency Budget – after all, the housing benefit bill was also targeted, along with many other areas. But what can the coalition government now do to help keep mortgage possessions in check?
In this issue
A long-term approach to sustainable home-ownership
The chancellor took some tough decisions in his recent emergency Budget. But the government also needs to support home-owners to help keep mortgage arrears and possessions in check.
New regulatory regime begins to take shape
Earlier this month, the financial secretary to the Treasury outlined proposals for regulatory reform. We will continue to represent lenders as the new regime evolves.
Treasury must support building societies, CML urges
The Treasury's discussion paper on building societies represents a welcome opportunity for the coalition government to put into practice its stated support for the mutual sector.
Conditions remain challenging for first-time buyers
Easter contributed to a seasonal dip in lending, our data showed. Remortgaging, in particular, remained subdued.
Editor's details
- Name:
- Bernard Clarke
- Tel:
- 020 7438 8923
- Email:
- bernard.clarke@cml.org.uk



