Tag Archives: CML
Gross mortgage lending stable in August
The Council of Mortgage Lenders estimates that gross mortgage lending in August was £12.6 billion. This is marginally lower (1%) than July’s gross lending figure of £12.7 billion and a 4% fall from £13.1 billion in August 2011. In …
Rise in home movers drives boost in house purchase loans and gross lending
A rise in lending to home movers was the main driver of an increase in house purchase lending in July, according to data published today by the Council of Mortgage Lenders. The number of loans taken out by home …
Mortgage funding – what’s going on?
CML View Talk to anyone in the pub about mortgages, and most people have always had a view. Talk to them about mortgage funding, and it used to be blank faces all round. But the world has changed. These …
First-time buyer activity helped drive lending in June
First-time buyer activity helped sustain lending for house purchase in June, according to data published today by the Council of Mortgage Lenders. The figures show that lending to first-time buyers during the month was at its highest since July 2010 …
Posted in Mortgages
Tagged CML, First-time Buyer, Maeve Ward, Mortgages, Paul Smee, Shawbrook Bank
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Tackling record deficit is helping to head off risk of repossession
Government action to tackle the nation’s record deficit is giving hard working homeowners vital breathing space to get on top of bills and head off the threat of repossession, Housing Minister Grant Shapps has said. Mr Shapps said that …
CML reports fall in mortgage possessions and flat arrears in second quarter
The number of mortgage possessions in the second quarter of 2012 declined, according to data released today by the Council of Mortgage Lenders. At 8,500, the number of possessions in the three months to June was the lowest since …
Buy-to-let lending increased in the second quarter
Buy-to-let lending increased by 5% in the second quarter of 2012, according to data published today by the Council of Mortgage Lenders. In the three months to June, lenders advanced 33,200 loans, worth £3.9 billion (up from 32,300 mortgages, worth …
Posted in Mortgages
Tagged Aldermore Residential Mortgages, buy to let, Charles Haresnape, CML, Paul Smee
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Aldermore leaps up the CML lending table
British challenger bank Aldermore has gained ground in the mortgage market, according to the Council of Mortgage Lenders’ (CML) gross lending statistics announced yesterday. CML data for 2011 reveals Aldermore has leapt up from 24th to joint 17th in …
Gross mortgage lending up 8% from previous month
The Council of Mortgage Lenders estimates that gross mortgage lending in July increased to £12.7 billion. Lending rose by 8% from £11.7 billion in June and was 2% higher than the total of £12.5 billion in July 2011. In …