Press releases
Most recent press releases are listed first. Use the search options on the left to filter news and click on the title to read the full story.
Proportion of income needed for home-mover mortgages in Scotland lower than anywhere else in the UK
25 August 2010Home movers in Scotland in the second quarter of 2010 needed to use less of their income to cover their mortgage interest than anywhere else in the UK. The proportion fell to 9.3, the lowest share since 1996 anywhere in the UK.
Gross mortgage lending up 5% in July
19 August 2010Gross mortgage lending totalled an estimated £13.6 billion in July, a 5% increase from £12.9 billion in June, according to new data from the Council of Mortgage Lenders.
CML reports decline in arrears and repossessions
12 August 2010Arrears and repossessions fall again, and CML revises down 2010 forecast of number of cases in difficulty.
CML reports second quarter buy-to-let results
12 August 2010Continued slow growth in the buy-to-let mortgage market in the second quarter of 2010, but marginally less slow than in previous recent quarters.
Fixed rate mortgages gained in popularity in June
11 August 201048% of new borrowers took out a fixed rate mortgage in June, the highest proportion so far in 2010.
CML comments on Bank of England mortgage data
29 July 2010Today's Bank of England lending data for June confirms that a quiet mortgage market is set to remain into the autumn.
Gross mortgage lending up 15% in June
20 July 2010Gross mortgage lending in June was an estimated £13.1 billion, according to new data from the Council of Mortgage Lenders.
CML responds to FSA responsible lending proposals
13 July 2010In response to the FSA's consultation paper on responsible lending, the Council of Mortgage Lenders emphasises that the mortgage industry recognises the inevitability of regulatory change - but points out that there may also be unwelcome side effects for consumers from this process.
Movers spend lowest ever average proportion of income on their mortgages
12 July 2010Borrowers moving home in May saw their mortgage interest payments accounting for the lowest proportion of their income in 35 years.
CML responds to FSA policy announcements
25 June 2010We respond to the FSA's policy statements on arrears, approved persons, and sale and rent back, and look ahead to the next steps in the FSA's mortgage market review.
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