Articles, tagged with "cml", page 5
05th June 2009
As they brace themselves for a rise in defaults, mortgage lenders have published their plans to minimise the number of people who have their homes repossessed. The Council of Mortgage Lenders (CML) said that while mortgage arrears and repossessions were e...
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Author:
michael challiner
29th May 2009
Smaller building companies benefit from a rise in first time property buyers:
The U.K property market is slowly starting to show signs of recovery after the global economic setback. According to online property news site; "hotproperty" the CML (Council ...
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Author:
OBC Building
19th May 2009
House repossessions rise in Q1
Nearly 13,000 Britons lost their homes to repossession in the first three months of this
year as the recession deepened, but there are tentative signs things could get better as the
year wears on.
The Council...
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Author:
Rivington
17th April 2009
The Council of Mortgage Lenders says the number of cases in arrears at the end of September 2008 was 168,000 - 8pc higher than the 155,600 in arrears at the end of June. They are expecting up to 170,000 arrears by the end of the year.
The CML also said...
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Author:
Mark Jenkins
22nd March 2009
According to Council of Mortgage Lenders (CML) there has been an increase of nearly 65% home repossessions in 2006 when compared to 2005. The number of repossessions will also increase next year due to rise in interest rates, which has put up pressure on ...
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Author:
Andrew Wilson
19th March 2009
Repossession is when a mortgage lender takes possession of a house and sells it to recoup the money that it has lent the homeowner, secured on the property.
Repossession usually happens when homeowners are unable to keep up with mortgage payments, whi...
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Author:
BDR London
10th March 2009
The latest statistics from the Council of Mortgage Lenders (CML) show the number of people losing their homes in the UK rose by 54% last year, slightly less than the 45,000 previously forecast by the industry body.
Lenders repossessed around 40,000 hom...
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Author:
Rivington
04th March 2009
Private insurance is seen as a safety net if problems arise due to the risk of unemployment, debts, repossession and the possibility of illness. If someone has a 100,000 pound mortgage, an increase of ten to twelve pounds a month would provide cover for ...
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Author:
michael challiner
17th February 2009
The risk of debts, unemployment, repossession and sickness is compelling many homebuyers to seek private insurance which will increase monthly repayments by 10-12 pounds per month per 100,000 pounds of mortgage. This would cover the homebuyer for the mon...
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Author:
michael challiner
02nd February 2009
New figures released today by a major mortgage sector body have revealed the stark reality of the downturn in housing market. The Council of Mortgage Lenders' analysis shows that lending dropped 30% in 2008, which is extremely worrying news for everyone i...
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Author:
Darell Joyce
01st February 2009
War was declared on cancer in 1971 and since then billions of dollars have been spent looking for a cure for the disease. Research has concentrated on finding a drug or a better way to treat cancer but so far anything they have come up with has only been ...
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Author:
alan-nz
18th January 2009
Energy efficiency
The National Landlords Association has highlighted the benefits of maintaining an efficient home, stating that it can make it more attractive to prospective tenants. Improving a house or flat can also add value to the property, as wel...
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Author:
MarkeD
06th January 2009
It is estimated that the number of repossessions will jump by 67 per cent this year. According to the council of Mortgage Lenders the number of houses being repossessed has gone up nine-fold in just 5 years. Due to the economic breakdown there will be an ...
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Author:
Andrew Wilson
04th January 2009
It is no consolation whatsoever if you are facing the risk of your home being repossessed to be told that there are many thousands of others in the same traumatic position. There are also many in the worse position of having already lost their homes eithe...
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Author:
michael challiner
03rd December 2008
According to research published in an issue of the New Scientist, there may be eight genes that will determine if an individual develops leukemia. The study was completed at Washington University in St. Louis by a team of researchers who used "developed s...
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Author:
Legal