Big increase in repossessions
Figures from the Council of Mortgage Lenders (CML) show the number of people who lost their homes has soared by more than 50 per cent during the first quarter of…
Tag: CML
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Mortgage lending also rises
Mortgage lending also rose in March according to the Council of Mortgage Lenders. Gross lending was £11.5 billion for the month, up 16 per cent from February, although it remains…
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Mortgage lending falls 60%
Mortgage lending continued to slump in February, with gross lending down by 60 per cent in year-on-year figures and 15 per cent down from the previous month, according to figures…
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… But CML claims lending is on the rise
The Council of Mortgage Lenders (CML) said lending has started to pick up again after the number of home loans for house buyers rose by 4 per cent in May.…
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Tenants get extra notice
Margaret Beckett has announced a proposed amendment to the law that would give tenants whose landlords are facing repossession more time to find somewhere else to live. Under the new…