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Commercial Credit News
|Comment re: CML figures|
|Thursday, 25 August 2016|
|Jonathan Sealey, CEO of Hope Capital says, “It is positive news that mortgage lending figures are holding firm after the Brexit vote, it does illustrate that for many people it is business as usual. When compared to the bridging market, if anything we are seeing an increase in demand for lending. August will always be a quieter month for both mainstream mortgages and bridging as we are in peak holiday season, but the sentiment revealed by the CML figures is very much that lending remains strong, while remortgaging is likely to increase if anything as mortgage rates are so low.”|
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