The Council of Mortgage Lenders (CML) has warned that eurozone developments are once again highly uncertain and have the potential to disrupt the UK’s housing and mortgage markets. The threat of a Greek exit from the euro has unsettled the money markets and according to the CML, “funding markets have once again effectively closed”. If [...]
mortgage market
Eurozone crisis impacts UK mortgage market
The Council of Mortgage Lenders (CML) has warned that eurozone developments are once again highly uncertain and have the potential to disrupt the UK’s housing and mortgage markets. The threat of a Greek exit from the euro has unsettled the money markets and according to the CML, “funding markets have once again effectively closed”. If [...]
Improved credit conditions to support 2011 house prices
Estate agent, Chesterton Humbers, has joined forces with the Centre for Economics and Business Research to forecast house price movements in England and Wales in the year ahead.
Fired by the near accuracy of its predictions for 2010, the firm dismisses suggestions that public spending cuts, weakening employment and a rise in forced sales could result [...]
