TITLE

Mortgage lending stabilising

AUTHOR(S)
Milner, Leah
PUB. DATE
June 2009
SOURCE
Money Marketing;6/25/2009, p21
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses the Council of Mortgage Lenders' (CML) finding that gross mortgage lending was down in May 2009 compared to the previous month, and down fifty-eight percent year on year in Great Britain. CML economist Paul Samter says that recent signs from the housing market have been more encouraging but he does not anticipate a critical recovery in activity in the coming months. The National Association of Estate Agents (NAEA) added that demand is surpassing the supply.
ACCESSION #
43380912

 

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