Arrears and repossessions continue to fall, says CML
Latest figures from the Council of Mortgage Lenders show a fall in the first quarter of this year in the number and the proportion of mortgages in arrears or ending in repossession. A decline was experienced in all arrears bands, and across both owner-occupier and...
Arrears and repossessions still falling, reports CML
According to the CML (Council of Mortgage Lenders) there is a continuing reduction in both mortgage arrears and repossessions for the third quarter of 2014. According to the CML (Council of Mortgage Lenders) there is a continuing reduction in both mortgage arrears and...
Gross mortgage lending steady in September says CML
There is growing evidence that mortgage lending activity, and the housing market, are sitting on a plateau. Gross mortgage lending reached £17.8 billion in September, the CML estimated. This is 10% higher than September last year (£16.2 billion),...
House Purchase Lending up 33%
The Council of Mortgage Lenders reported that house purchase lending was up 33% in July, compared to last year. It also showed that lending is predominantly for house purchase rather than remortgage. The Council of Mortgage Lenders reported that house purchase...
