Gross mortgage lending in October totalled an estimated £12 billion in September, down one per cent from £12.1 billion in August, according to Council of Mortgage Lenders CML statistics. The
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Remortgaging accounted for 25 per cent of loans in August, the lowest proportion in over ten years, according to the latest Council of Mortgage Lenders CML survey. August saw 25,000 remortgage loans,
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Gross mortgage lending by mutual lenders rose last month, the Buildings Societies Association BSA has revealed. Lending stood at £1,508 million in May 2010, up eight per cent on the 1,399 million
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First-time buyers made up the lowest proportion of house purchase loans since September 2007 last month, it has been reported. According to the Council of Mortgage Lenders CML, the group accounted for
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The upcoming 'emergency' Budget represents an opportunity for the government to prioritise support for home-owners, it has been claimed. Michael Coogan, director general of the Council of Mortgage Lenders,
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The volume of savings held by mutual institutions rose by £929 million during April 2010, it has been reported. According to the Building Societies Association BSA, this represented an improvement
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The Association of Independent Financial Advisers AIFA and AEGON UK have urged the new government to take steps to rebuild Britain's savings culture. In a joint White Paper discussion document, the organisations
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Gross mortgage lending declined to an estimated £10.2 billion in April, it has been reported. According to the Council of Mortgage Lenders CML, the total fell by 12 per cent from £11.6 billion
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The new coalition government has brought the unpopular home information packs Hips regime to a swift end, it has been reported. Hips, which were introduced in 2007 in a bid to provide greater transparency
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House purchase lending increased by 45 per cent on a like-for-like basis during March, it has been reported. According to latest figures from the Council of Mortgage Lenders CML, the market saw its ninth
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The number of house repossessions and mortgages in arrears fell during the first quarter of 2010, it has been reported. According to the Council of Mortgage Lenders CML, the number of repossessions was
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The Council of Mortgage Lenders CML has cautiously welcomed the new stamp duty concession for first-time buyers, which could help young people take advantage of cheaper mortgage rates. Chancellor Alistair
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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
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The Building Societies Association BSA has welcomed the announcement that Northern Rock's 100 per cent savings guarantee is to be removed. Earlier this week, the Treasury announced that from May 24th,
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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
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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,
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Over 60s are increasingly taking note of debt advice to reduce the amount they owe, it has been reported. According to Key Retirement Solutions, more senior homeowners are using equity release to settle
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