CML news & views

The government says housing benefit should be paid directly to tenants to encourage them to take more responsibility for their finances. But there is widespread concern about the impact of the proposals on the funding of housing.

A report last week focused on voluntarily selling the home as an alternative to mortgage possession. So, is that a realistic option?

The Independent Commission on Banking published its proposals last week. Now, the industry will work with government towards implementing them.

Lending in August was 6% higher than in July – and 10% up on the same month a year ago. Overall, however, the mortgage market remains flat.