Tag Archives: CML
Buy-to-let lending £16.4 billion in 2012
Buy-to-let lending accounted for 11.5% of total gross mortgage lending in 2012, up from 9.8% in 2011, according to full-year data released today by the Council of Mortgage Lenders. At £16.4 billion, gross buy-to-let lending was 19% higher than the £13.8 …
Gross mortgage lending declines in January
The Council of Mortgage Lenders estimates that total gross mortgage lending declined to £10.4 billion in January. This is 9% lower than December’s gross lending figure of £11.4 billion and a 3% fall from £10.7 billion in January 2012. …
CML outlines market forecasts for 2013-14
The Council of Mortgage Lenders today estimates that gross lending in November was around £12.9 billion, and publishes its market forecasts for 2013-14, alongside a self-evaluation of the mortgage market based on interviews with the UK’s mortgage lenders. Overall, there are …
First-time buyer activity receives October boost
The number of loans advanced to first-time buyers in October returned to levels similar to those seen over the summer following a slow September, according to new data released today by the Council of Mortgage Lenders. Lending to home …
Number of first-time buyers in London rises to highest figure in nearly 3 years
In the first of a series of new quarterly reports on lending in London, the Council of Mortgage Lenders reports that a total of 10,000 first-time buyers took out a mortgage in London in the third quarter of 2012. …
Gross mortgage lending at 11-month high in October
There are signs that the market weakness of recent months may be coming to an end, according to the Council of Mortgage Lenders. The CML’s forward estimate is that total gross mortgage lending recovered to £12.9 billion in October. …
Buy-to-let continued to grow in third quarter
The value of buy-to-let mortgages taken out in the third quarter of 2012 totalled £4.2 billion, an increase of 8% over the £3.9 billion advanced in the preceding three months, according to data published today by the Council of Mortgage Lenders. The number …
Posted in Mortgages
Tagged buy to let, CML, Dragonfly Property Finance, Jonathan Samuels, Paul Smee
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Repossessions fall in third quarter and arrears remain stable
The number of mortgage possessions fell again in the third quarter of 2012, according to data released today by the Council of Mortgage Lenders. A total of 8,200 properties were taken into possession in the third quarter, down from …
CML Chairman says lenders have the insight to deliver a consumer-focused mortgage market
Speaking at the Council of Mortgage Lenders’ annual conference, CML Chairman Martijn Van der Heijden reminded delegates that, despite relatively subdued market conditions, one million households have become first-time buyers since the credit crunch, accounting for 1 in 10 of …
Gross mortgage lending declines in September
The Council of Mortgage Lenders estimates that gross mortgage lending in September was £11.6 billion. This is 10% lower than August’s gross lending figure of £12.9 billion and a 15% fall from £13.7 billion in September 2011. Gross lending …