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Remortgaging hits eight-year low: CML
The latest figures from the Council of Mortgage Lenders (CML) have revealed the lowest monthly level of remortgage activity – both by number and value – in eight years of available data.
Scotland sees 16-year low in housing loans
Loans for house purchase in Scotland fell to a 16-year low in 2009, according to the Council of Mortgage Lenders (CML).
Scottish homeloan approvals fall to 16-year low
House purchase loans in Scotland in 2009 dropped to their lowest level in sixteen years, according to the Council of Mortgage Lenders (CML).
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POLL: Repossession levels expected to rise
Last week’s Mortgage Solutions poll revealed that more than three quarters of respondents think repossession levels will increase in 2010.
CML urges no regulation for BTL
The Council of Mortgage Lenders (CML) and the Building Societies Association (BSA) have urged the FSA not to introduce buy-to-let regulation when it sets out its final rules for the mortgage market in the coming months.
Gross lending falls to 10-year low
Gross mortgage lending declined to a 10-year low in January, according to the Council of Mortgage Lenders (CML).
Gross mortgage lending hits 10-year low
Mortgage lending dropped 32% in January to its lowest monthly total since February 2000, according to the Council of Mortgage Lenders (CML).
POLL: Remortgage activity set to soar
Last week’s Mortgage Solutions poll revealed the industry is expecting an increase in remortgaging levels after recent standard variable rate hikes by lenders.
Two-year high for first-time buyer loans
First-time buyer loans hit a two-year high in December 2009, according to the Council of Mortgage Lenders (CML).
BTL lending drops to 8-year low
Industry figures have been encouraged by the latest statistics from the Council of Mortgage Lenders (CML), despite buy-to-let lending dropping to an eight-year low in 2009.
Fury as housing minister claims repossession can be ‘best option’
Housing minister John Healey has provoked fury among industry figures, after claiming that repossession was the best option for some people.
Lending drops by 60% in two years
Lending for 2009 was down by 60% compared to 2007, despite an improvement in Q4, according to the latest figures from the Council of Mortgage Lenders (CML).
Repossession “can be best option”: Healey
Housing minister John Healey has controversially claimed that repossession can “be the best option” for some homeowners.
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