Tag Archives: CML
November gross mortgage lending up 30% on last year
There was an estimated £17 billion of gross mortgage lending in November, according to the Council of Mortgage Lenders. This was 4% lower than October’s figure of £17.6 billion but 30% higher than the £13 billion lent in November …
Home-owner house purchase lending up 24% year-on-year in October
New CML data released today on the profile of UK lending in October 2013, including first-time buyer, home mover, remortgagor and buy-to-let lending, shows: Total number of loans advanced to home-owners for house purchase rebounded strongly from its seasonal fall in September, …
CML market forecasts – steady improvement in 2014
The housing and mortgage markets look set to continue to show greater levels of activity in 2014, according to the latest forecasts from the Council of Mortgage Lenders. However, the CML sees an unbridled housing boom as unlikely. Indeed, given the already stretched …
CML: Arrears and repossessions continue to fall
The latest survey results from the Council of Mortgage Lenders show a further fall in the number of mortgages in arrears, as well as the number of repossessions, in the third quarter of the year. The proportion (and number) of borrowers behind with …
Highest quarterly house purchase lending levels since 2007
New CML data released today on the profile of lending in September and the third quarter of 2013 show: Total home-owner house purchase lending fell in September, down 14% on August but up year-on-year by 20%. Lending in the third quarter of …
Home-owner house purchase lending up for sixth successive month
New CML data released today on the profile of lending in August shows: Total home-owner house purchase lending continued to grow, up 7% on July and 15% on August last year. First-time buyers took out 27,100 loans in August, …
Buy-to-let sector continues to grow
Gross mortgage lending of £4.2 billion across 33,500 mortgages was advanced to buy-to-let landlords in the first quarter of 2013, according to latest survey data from the Council of Mortgage Lenders. This compares with £4.6 billion the previous quarter, …
Repossessions 17% lower in first quarter of 2013 than 2012
The rate of repossession in the three months January to March remained at 0.07% for the fourth consecutive quarter, according to data published today by the Council of Mortgage Lenders. This rate is the equivalent of fewer than 1 in 1,400 …
Lending to first-time buyers increases in February
The number of first-time buyers increased by 3% in February, marking the best start to a year since 2008, according to new data released today by the Council of Mortgage Lenders. Activity in the first-time buyer sector was 17% stronger …
Number of first-time buyers rise by 15% in London in 2012
The number of first-time buyers in London rose by 15% in 2012, marking the largest annual total since 2007, according to new data released today by the Council of Mortgage Lenders. A total of 37,300 first-time buyers bought a …