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CML plans to boost lending

The Council of Mortgage Lenders (CML) has drawn up a plan to address the current funding problems in the mortgage market.
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More property price gloom from HBOS and CML

HBOS, Britain’s biggest mortgage lender, piled more misery on the housing market yesterday, with forecasts of a 9% average drop in residential property prices, a 45% slump in house sales and an increase in the volume of people falling into mortgage arrears. The bank had previously expected property prices to plateau this year.
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Posted by
Marc Da-Silva
in Council of Mortgage Lenders, HBOS, Michael Coogan, News on Fri 20 Jun 2008

Some housebuilder incentives are ‘important’

The news that housebuilders will soon be required to disclose buyers’ incentives to enable lenders to offer mortgages that reflect the true value of a property has been met with a mixed response from property expert Kate Faulkner.
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Posted by
Marc Da-Silva
in Council of Mortgage Lenders, Kate Faulkner, Michael Coogan, News on Fri 13 Jun 2008

Housebuilders must divulge incentives

Housebuilders will soon be required to disclose buyers’ incentives to enable lenders to offer mortgages that reflect the true value of a property.
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Posted by
Marc Da-Silva
in Council of Mortgage Lenders, Michael Coogan, News on Thu 12 Jun 2008

Worse conditions yet to come, says CML

UK housing market conditions are set to “get worse before they get better”, according to revised figures released by the Council of Mortgage Lenders (CML).
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Posted by
Marc Da-Silva
in Council of Mortgage Lenders, Michael Coogan, News on Wed 21 May 2008

CML approves government’s plan for first-time buyers

The government’s draft legislative agenda of plans to provide more help for first-time buyers, in particular the widening of access to shared equity schemes, has been welcomed by the Council of Mortgage Lenders (CML).
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Posted by
Marc Da-Silva
in Bank of England, Council of Mortgage Lenders, Housing Corporation, Michael Coogan, News, Office of Fair Trading on Fri 16 May 2008
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