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CML - gross lending estimate for April from Richard Pike at Phoebus Software PDF Print E-mail
Tuesday, 30 May 2017
Richard Pike, Phoebus Software sales and marketing director, says “This is the second lowest figure for gross mortgage lending in 2017 to date.  It is difficult to say with any certainty the reasons behind the drop from March, especially when you consider that the mortgages that went through in April were probably three months in the pipeline. 

“So looking back to January there were no specific events to pin a theory to. It is most likely that supply, which has long been a problem, was a contributing factor. This will continue to be the case until our government, whichever party that may be, puts a sustainable plan that works for all levels of society into action.”

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