Posts Tagged ‘Compliance Services’

Mortgage lending in November was down by 10% over October, and is expected to remain stable or drop slightly in the coming months, according to new data released by the Council of Mortgage Lenders today.

This should not set alarm bells ringing, however. A slowdown is normal for the time of year, due to seasonal factors and, this time round, the end of the stamp duty holiday on 31 December. These factors caused a ‘bunching’ in house buying activity over the last few months of 2009.