CML news & views
Issue no. 19 - 29 September 2009
A long process of reversing measures to support financial markets is due to begin this autumn. But recovery remains fragile, so the timing of action is crucial. The authorities must show flexibility and be prepared to intervene as necessary to underpin mortgage market recovery.
In this issue
Market support begins to unwind
By the end of this year, a range of the policy measures intended to combat the financial crisis are due to be reversed. Mortgage market recovery remains at a delicate stage – and the government will need to show continuing flexibility in responding to conditions.
Lib Dems pose the million-pound question
A Liberal Democrat proposal for a levy on homes worth £1 million was quickly dubbed the "mansion tax." But how many people would it affect – and could such a tax be levied cheaply and efficiently?
Lenders welcome sale-and-rent-back plans
The FSA has given more details of what the rules will look like when full regulation of sale-and-rent-back comes in next summer. We welcome what the regulator is seeking to achieve.
Customers are more satisfied with lenders, survey shows
A survey by Which? Money shows customer satisfaction with lenders has improved. It's a welcome result in challenging market conditions.
Editor's details
- Name:
- Bernard Clarke
- Tel:
- 020 7438 8923
- Email:
- bernard.clarke@cml.org.uk



