Articles Tagged With: Council Of Mortgage Lenders

Gross mortgage lending increased to an estimated £9.2 billion in February, up six per cent on the previous month, according to the Council of Mortgage Lenders CML. Lending was down by six per cent

Housing deposits remain a "major problem" for potential first-time buyers, even when cheap mortgage rates are available, according to the Council of Mortgage Lenders CML. Bernard Clarke, communications

House purchase loans fell by more than three times the decline in remortgages in January, latest figures have indicated. Latest figures from the Council of Mortgage Lenders CML clearly highlight the

A drop of £300 in income would cause one in four people to default on their mortgage payments, it has been reported. Research conducted by Callcredit, which interviewed professionals in the 35-44

The increasing tendency among lenders to offer higher loan-to-values is a positive sign for those seeking cheap mortgage rates, it has been claimed. Ben Wilkie, editor of What Mortgage, said the market

Yorkshire Building Society has given a further boost to the UK property market by signalling its intention to step up its mortgage lending over the remainder of 2010. The country's second-largest mutual,

The relatively weak level of mortgage lending in January has been met with little surprise from the British Bankers' Association BBA. Figures from the Council of Mortgage Lenders CML revealed that

Mortgage lending will recover in time, but it is likely to remain at current levels of decline for the next few months, one lender has claimed. Timothy Lambert, head of consulting at Ducalian, was commenting

High street lender Halifax has celebrated the 21st anniversary of the fixed-rate mortgage by launching a new product. The bank has introduced a new 21-month fixed-rate deal which allows homeowners to guarantee

Gross mortgage lending stood at £9.1 billion for the first month of the new decade, newly-released figures from the Council of Mortgage Lenders CML show. This represents a 32 per cent fall in lending

The number of borrowers applying for mortgages is expected to keep on rising as confidence returns to the UK housing market. That is the picture painted by the latest Paragon Mortgages' Financial Adviser

Further criticism for proposed additional regulation in the buy-to-let market has been offered by the Council of Mortgage Lenders CML. The organisation has backed the Treasury's plan to extend regulation

Spanish bank Santander increased its net mortgage lending in the UK to £7.6 billion last year and estimates that this represents a net market share of 69.1 per cent. However, the firm's share of the

The mortgage market could be left with a £300 billion shortfall in funding by 2014, it has been claimed. According to the Council of Mortgage Lenders CML, the gap is currently being filled by government

The Council of Mortgage Lenders CML has predicted a slow January and February in terms of housing market activity. According to the organisation, the end of the stamp duty concession appears to have

The UK witnessed a slight dip in the number of mortgages approved for home purchase during December 2009. According to the Bank of England, approvals stood at 59,023, down from 60,045 in November - but

House prices rose for the ninth month in a row during January, latest figures have indicated. In news of interest to consumers seeking cheap mortgage rates, Nationwide found that the average UK house price

Mortgage lending strengthened slightly in December, the British Bankers' Association BBA has reported. The organisation says gross lending was inflated by some borrowers pushing through purchases ahead

A package of measures designed to ensure fair treatment for mortgage holders in arrears has been set out. The Financial Services Authority FSA has reinforced its tough stance in the battle against mortgage

November saw house buyers use less of their household income to cover their interest payments than at any time since 2005, latest figures have indicated. According to the Council of Mortgage Lenders CML,