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Commercial Credit News
|Comment on CML gross lending for March|
|Thursday, 20 April 2017|
Richard Pike, Phoebus Software sales and marketing director, says “The figures released by the CML today show that there is still an appetite from borrowers wanting to take advantage of low interest rates, especially in the remortgage market. Of course the question everyone will be asking is will the upcoming election have an effect on the housing market? Will another round of electioneering cause people to take a step back and wait? Or, as happened with the Brexit vote, will people continue with their attitude that the world keeps turning and if the time is right the time is right.
“As far as mortgage interest rates are concerned the time is definitely right. So why should the political circus have any major effect?”
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