The importance of having a will in place
Category: Lifestyle & Mortgages & pensions & property & Wills
CML urges restraint on Stamp Duty proposals
Category: Housing & Mortgages & Uncategorized
Responding to the HM Treasury consultation on the 3% surcharge on Stamp Duty Land Tax (SDLT) proposals for second properties, the Council of Mortgage Lenders (CML) urges reform of the implementation plans to mitigate potentially negative impacts on the housing market as a whole.
UK Mortgage lending trends – May 2015
Category: Housing & Mortgages & Uncategorized
The Council of Mortgage Lenders’ (CML) latest figures for mortgage lending (May 2015) show that whilst lending levels recovered in May compared to April, they were down compared to a year ago. First-time buyers saw a decline in lending volumes, 13% down, compared to last year, but up slightly (3%) on the previous month, with total May loans estimated to be around £3.4 billion.
The Budget impact on Mortgage Lending
Category: Budget & Mortgages & Uncategorized
The Council of Mortgage Lenders’ (CML) members are banks, building societies and other lenders who together undertake around 95% of all residential mortgage lending in the UK. There are 11.1 million mortgages in the UK, with loans worth over £1.3 trillion.
Don’t wait for a rate rise before you take action
Category: Mortgages & Uncategorized
Responding to the 2nd October 2014 message to consumers from the Money Advice Service (MAS) to plan ahead for future rises in interest rates, the Council of Mortgage Lenders suggests some practical steps that consumers can take now to help prepare for future rises in interest rates.