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17 May 2010
House purchase lending increased by 45% year on year in March, making it the ninth consecutive month of year-on-year growth, according to figures released today by the Council of Mortgage Lenders. Remortgaging, however, was 29% down year on year, the 23rd consecutive annual fall.
13 May 2010
The number of mortgages in arrears and the number of repossessions both fell in the first quarter of 2010, according to the Council of Mortgage Lenders. But, this welcome decline gives no cause for complacency as a large number of households, who are just coping, still remain vulnerable to shocks that may arise from the economic uncertainty ahead.
13 May 2010
CML figures show that buy-to-let activity has settled again after the stamp duty holiday triggered a modest upturn at the end of last year.
19 April 2010
Gross mortgage lending was an estimated £11.5 billion in March, a 24% rise from £9.3 billion in February and a 3% rise from £11.2 billion in March 2009, according to data published today by the Council of Mortgage Lenders
13 April 2010
There were 35,000 loans for house purchase in February 2010, up 12% from January. First-time buyer numbers rose 13% to 12,600 and loans to home movers rose 11% to 22,600. Remortgaging numbers were up 2% to 24,000 though remain weak and we expect this weakness to continue for some time.
29 March 2010
New mortgage rates continued to fall in February while stock rates remained stable, and volumes were in line with CML forecasts.
24 March 2010
The Council of Mortgage Lenders cautiously welcomes the Stamp Duty concession for first-time buyers, but warns that there will be genuine practical barriers to effective implementation.
18 March 2010
Gross mortgage lending in February increased to an estimated £9.2 billion, a 6% rise from £8.7 billion in January, according to new data published by the Council of Mortgage Lenders.
16 March 2010
The Council of Mortgage Lenders welcomes today?s publication by the Tenant Services Authority (TSA) of its new regulatory framework for the social housing sector in England.
12 March 2010
Data for January 2010 shows that the end of the stamp duty holiday in December 2009 affected loans for house purchase more than loans for remortgage.