Tag: mortgage rationing

HMRC: House sales down in November

HMRC: House sales down in November

HM Revenue & Customs (HMRC) has revealed a slump in the number of homes sold in November in the UK. According to HMRC, 77,000 homes worth at least £40,000 or more were sold in the month - down from the 80,000 sold in October and 6,000 less than in November last year. The figures are [...]

December 21, 2010 | 0 Comments More
CML provides assessment for housing market in 2011

CML provides assessment for housing market in 2011

The Council of Mortgage Lenders (CML) is predicting that the housing market will remain subdued in 2011, due to uncertainty surrounding the economy and the ongoing mortgage rationing by lenders. Over recent times, demand has been weak as many buyers have adopted a “wait and see” approach as uncertainty continues to surround the economy and [...]

December 15, 2010 | 0 Comments More