CCR Magazine

CCRi banner ad
You are here  :Home arrow News arrow CML monthly lending: Expert comment
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


CML monthly lending: Expert comment PDF Print E-mail
Tuesday, 17 May 2016
Matt Andrews, Managing Director, Bluestone Mortgages comments on today’s CML monthly lending trends: “The figures show that mortgages and remortgaging are still on the rise this year, which can be attributed to potential homeowners making the most of low rates to secure their dream home and remortgagers looking to switch onto the competitive deals on offer. On top of this, numbers rose further due to many existing homeowners rushing to complete purchases on additional properties before the new Stamp Duty rate came into force in April.

“The competitive low rates are good news for some borrowers, however, for many people in the UK, moving through the loan application process can be difficult as the competitive rates and products are not always available to them. The tempting headline rates are targeted at those with perfect credit scores and do not take into account an individual’s personal circumstances. This can include people who are self-employed with inconsistent cash flows, as well as customers with adverse credit histories caused by genuine life-events such as divorce. Often, these experiences can have a negative impact on an individual’s finances, and result in them being locked out of many high street lenders’ strict scoring models.

“It is this growing group of borrowers who want, need and deserve a deeper underwriting experience to ensure the nature of their situation is fully understood. To ensure a consumer’s individual circumstances are taken into account, and lending decisions are made on a case by case basis, technology in the mortgage market needs to retain its human touch.”
3 October - Guoman Tower Hotel, Central London 

CCRInteractive, in association with Marston Holdings , is the largest and leading one-day conference from the publishers of CCRMagazine – a truly national and international event for the credit industry.

This landmark event allows delegates to: Learn best practice of how to increase profitable sales in today’s economy. Understand the key compliance issues and how they will impact upon you. Discuss the legislative and regulatory framework and how it will effect you. Consider the potential effects of Brexit on your business. Discover the latest innovations in the market to improve your collections. Motivate your staff to achieve ever improved results.

To book to attend in 2017, contact Stephen Kiely  or Alison Lucas. To find out more about being part of this landmark event, please contact Gary Lucas

 Forums International Ltd

Forums International Ltd

 Attendance at your first meeting is free of charge, and please quote reference 'CCR2016' to receive the special 10% discount off of your first annual subscription.

Find out more here.

latest issue

CCR Cover

The latest edition of CCR Magazine, the leading editorial publication in the UK credit industry, is out.

Read the latest issue online

The Credit Excellence Awards


Tuesday 3 October - Guoman Tower Hotel, Central London

Do not miss your chance to meet and network with the Winners and Finalists at the Credit Excellence Awards, in association with Hoist Finance.

To book your place to attend, please contact Alison Lucas.


CCR is the premier magazine for consumer and credit professionals. It provides an independent voice to the industry, breaking major news stories and running in-depth features.

As a magazine, it works with and campaigns on behalf of the credit industry to promote its importance as a centre of potential profit and business development to the wider business world.

Subscribe to CCR Magazine

CCR World Magazine


Providing information and analysis for thousands of senior credit professionals worldwide, every quarter.

Find out more

GTS Media Ltd
81 Cambridge Road

Registered in England No: 05483197