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CML gross lending figures - comment from Phoebus Software PDF Print E-mail
Thursday, 19 March 2015

Following today’s gross lending figures from the Council of Mortgage Lenders (CML), Richard Pike, sales and marketing director at Phoebus Software, comments:

“The gross lending figures from the CML today show a continuing slow down in the market.  However, as we also know from their figures for January released earlier in the week there were some positives with more remortgages and first time buyers making it on to the property ladder.
“Housing supply continues to be a problem, with many areas struggling to keep up with demand and this may be part of the problem.  It will be interesting to see if the Conservatives remain in power whether their housing zone plans and other house building incentives boost home building enough to alleviate at least some of the housing supply dilemma.”

(Source - Phoebus Software Comment)


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