The latest Bank of England mortgage data published today confirms the likelihood that there may have been a “bunching” of house purchase transactions in December to beat the stamp duty concession deadline.The gross lending total of £13.4 bn in December 2009 was in line with the CML’s estimate (£13.5 bn) and seems to confirm the CML’s view that much activity was “rushed [...]
Posts Tagged ‘mortgage’
Lesley Titcomb FSA – Keynote address to the European Mortgage Federation’s annual conference
Speech by Lesley Titcomb, Director of Small Firms and Contact Centre, FSA
Keynote address to the European Mortgage Federation’s annual conference
19 November 2009
Around the world the financial crisis has required interventions of unprecedented scale. The support of governments and central banks has been crucial and will remain a significant factor for the foreseeable future. The causes [...]
Jon Pain addresses mortgage industry on FSA’s mortgage market review proposals
FSA/PN/157/2009
November 2009
Speaking at the Council of Mortgage Lenders’ Annual Conference, Jon Pain, the Financial Services Authority’s (FSA) managing director of Supervision, said it is important to acknowledge that although the mortgage market worked well for many, it failed for a significant minority. Therefore, the priority must be to move towards a market that is flexible, [...]
