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Commercial Credit News
|Comment on CML lending figures for December and 2016 - John Phillips, Just Mortgages|
|Wednesday, 15 February 2017|
John Phillips, SpicerHaart and Just Mortgages group operations director, says “Whilst first-time-buyers and remortgage activity kept the market afloat last year, the number of people moving house was consistently down. This is unlikely to change in the foreseeable future as certain barriers, especially towards lending in to retirement, have the effect of holding up the market.
“Of course we have the age old problem of supply. Until housing supply is sorted out we will continue to see more families living in property that is unsuitable for their needs.”
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