Tag Archives: Paul Smee
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 …
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 …
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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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 …
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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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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