Thursday, December 18, 2014

Latest CML figures

Mortgage lending dip continues, says CML

"Gross lending totalled £16.9bn in November, down 9% from October, the Council of Mortgage Lenders (CML) said". "It added that a "gentle trajectory" for the mortgage market would "calm" any concerns over the effect of a housing boom on the UK economy in general".

Posted by alan @ 06:30 PM (7778 views)
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One thought on “Latest CML figures

  • There is always a seasonal dip in November, apparently, and this year’s figures matched October 2013. What was November 2013? Are we ahead of that? I could not find those figures to get the appropriate seasonal adjustment. I get the feeling that CML will be manipulating lending to look lower than it is to front-run any potential further tightening by BOE.

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