CCR Magazine

You are here  :Home arrow News arrow Target Group reacts to latest CML monthly lending trends
Contact Us Newsletter Signup RSS Feeds

Latest News Headlines


Commercial Credit News


Target Group reacts to latest CML monthly lending trends PDF Print E-mail
Thursday, 13 October 2016
Ian Larkin, co-group CEO at Target Group, said: “These are the second set of monthly figures from the CML that reflect sentiment post the EU referendum result. All indications are that lending has bounced back this month after a dip in July and August. Fears that the market may be cooling over the longer term post the referendum seem unfounded as first time buyer activity in particular is increasing, which is encouraging. 

"However, uncertainty is currently clouding the buy-to-let market after the rule changes on stamp duty and that has had the desired dampening effect. Lenders will also be watching the impact of the Government's decision to reduce the stimulus of schemes like Help to Buy even though it accounts for a relatively small amount of gross lending overall.

“Unsurprisingly, with interest rates as low as they have ever been, re-mortgage activity continues apace as borrowers move to take advantage of the opportunities out there to cut monthly repayments. The hope is that this Brexit bounce can be sustained in the weeks and months to come and lead into a strong end to 2016. "

 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


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