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Council of Mortgage Lenders buy to let figures

The Council of Mortgage Lenders have recently released figures which show that the number of buy to let mortgages that were issued in 2011 was around 80,000. This increase in the number of purchases for rental has increased the supply of rented homes available in the United Kingdom.

In the final quarter of 2011 it was [...]

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2011 will be very bad for first time buyers

Throughout 2011 first-time home buyers will not get past the stuck in the mud mortgage  interest rates. The Council of Mortgage Lenders reports that the Net mortgage is due to drop to an all-time low for three decades.

The banks have ostracized most of those just starting out in their adulthood by limiting the number of [...]

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Council of Mortgage Lenders and FSA mortgage disagreement

Good borrowers could be frozen out of mortgage opportunities, is a warning being aired by the Council of Mortgage Lenders.  CML is speaking out against recent rules changes in mortgage lending practices.  It finds itself in disagreement with the FSA regarding changes to help ensure that lenders exert more care about who they loan money.

The [...]

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