Posts Tagged ‘CML’

Mortgage lending drops 14% during seasonal April

Friday, May 20th, 2011

Figures published by the Council of Mortgage Lenders has shown that mortgage lending fell by 14% in April, compared with the previous month of March.

First time buyer mortgages market boosted by seasonal demand – CML

Wednesday, July 21st, 2010

First time buyer mortgages market boosted by seasonal demand - CML

Mortgage lending was up by a healthy 15% in June, but was boosted by seasonal demand for first time buyer mortgages. In the broader picture, the market is still slow, according to the Council of Mortgage Lenders CML Read More

Budget Changes – Mortgage Cap would limit first time buyer mortgages

Monday, June 21st, 2010

Budget Changes - Mortgage Cap would limit first time buyer mortgages

Government plans to restrict mortgage lending, following the budget changes on 22nd June, could make first time buyer mortgages more difficult to obtain. Click headline to read more.

First Time Buyer Mortgages remain out of reach, says CML

Friday, June 18th, 2010

First Time Buyer Mortgages remain out of reach, says CML

First time buyer mortgages were a smaller part of overall mortgage sales in April, says the Council of Mortgage Lenders (CML), indicating that first time buyer mortgage deals remain hard to obtain.

Mortgage lending up 12% as the sun comes out again

Wednesday, April 14th, 2010

Mortgage lending up 12% as the sun comes out again

Mortgage lending in February was up a healthy 12%, following a bout of cold feet (and hands) that kept buyers at home during the January blizzards, the Council of Mortgage Lenders revealed today.

Stamp duty budget changes will drive first time buyer mortgages market

Wednesday, March 24th, 2010

The Chancellor Alistair Darling has announced budget changes removing stamp duty on home purchases up to a value of £250,000. This applies to first time buyers only, but should drive sales of first time buyer mortgages. Stamp duty of 1% currently applies to all homes over £125,000 in value.

CGT rise could hit buy to let owners

Friday, February 26th, 2010

Hints of a possible rise in Capital Gains Tax have provoked a flurry of selling of buy to let properties, which are currently subject to CGT at 18%. Any increase would take effect from April 6th.

Mortgage arrears advice crucial in this year’s ice age – CML

Friday, December 11th, 2009

As the mortgage market continues to thaw following last year’s ‘ice age’ for mortgage lending, there is further good news for those who may have fallen into mortgage arrears in recent months.

Lenders are more committed than ever to working with debt advisers and mortgage borrowers to ensure that as many people as possible stay in their homes, according to the Council of Mortgage Lenders (CML) in its response to the chancellor’s pre-budget report this week.

‘Home Is Pension’: HIPpies build property value into their retirement planning

Thursday, December 3rd, 2009

Are you still a HIPpie? The original flower children of the 1960s have now become a new kind of hippy. Known as the ‘Home Is Pension’ generation, they are factoring the value of their home into their pensions and retirement planning.

There are an estimated 1.3m over-50s depending on equity release from their homes as part of their retirement planning, according to a new report from LV= (the Liverpool Victoria Friendly Society).

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