Wednesday, August 10, 2011
Re what Jack C posted, here’s the BBC spin on it
Mortgage lending jumped in June, lenders say
"Mortgage lending jumped in June, albeit from a very low level, the Council of Mortgage Lenders (CML) has said. The total number of new home loans to house buyers rose by 22% from May, to 46,700. And those specifically to first-time buyers reached a 10-month high, up 24% from May to 18,100." Looks word for the word the same as the CML press release.
Posted by mark wadsworth @ 02:19 PM (1124 views)
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jack c says:
Paul Smee (who’s done the rounds over the years – just google him for info) has replaced Michael Coogan at the CML so I expect lots of huff and puff from them over the next few months (non of which will keep property prices inflated IMHO)