CML news & views
Issue no. 15 - 12 August 2010
In the light of continued falls in mortgage arrears and repossessions, we have revised down our repossession forecasts for 2010 as a whole from 53,000 to 39,000. However, not all our forecast revisions are so positive, as we now expect £10 billion less gross lending to take place this year than when we last issued our forecasts in November 2009, and our net lending forecast has also been reduced from £15 billion to £12 billion. Our revised forecasts are available in full in this issue, where we also examine arrears and possessions trends in greater detail, including a comparison between the performance of the owner-occupied sector with the buy-to-let sector.
In this issue
CML market forecast update
CML economist Paul Samter takes us through our revised 2010 mortgage market forecast.
Arrears and repossessions: the big picture
With our arrears and repossessions press release published today, we delve a bit deeper into the survey results.
The rules of unintended consequences
Under new FSA rules, small businesses might find it more difficult to borrow a business loan secured against their home.
Conveycentric joins the CML as an associate
Conveycentric Limited has joined the CML as an associate. There are now 109 members and 82 associates.
Editor's details
- Name:
- Bernard Clarke
- Tel:
- 020 7438 8923
- Email:
- bernard.clarke@cml.org.uk




