Latest from the CML
Macro-prudential regulation: have we got the balance right?
Figures show that mortgage approvals are lower than the Bank of England predicted when it tightened macro-prudential policy in 2014. So, is it time to re-calibrate?
Gross mortgage lending increases 19% in March
Gross mortgage lending reached an estimated £21.4 billion in March. This is 19% higher than February’s lending total and 19% lower than March last year.
Market commentary April 2017
Our estimate of gross mortgage lending for March is £21.4 billion. Accounting for seasonal factors, this figure is slightly lower but in line with average lending over the past year.
Guidance on the treatment of politically exposed persons (PEPs) under the Money Laundering Regulations 2017
We broadly welcome the guidance, and make a number of suggestions for improved clarity and utility, such as the inclusion of case studies.
Consultation on heat & energy efficiency strategies, and regulation of district heating
The proposals could have significant impacts on lenders and consumers, as they envisage the possibility of building owners/ consumers being required or compelled to connect to a district heating system.
Statistic of the week
342,000 - the number of first-time buyers in the last 12 months. Higher than for any period over the last nine years.Read more...