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UK: Housing market recovery ’should continue next year’

Posted on 21 December 2012

There are “grounds for optimism” that the housing market recovery should continue next year, said the Council of Mortgage Lenders, as the Funding for Lending Scheme spurs sales. In its market forecasts for the coming year, CML said that it expected 950,000 property transactions and £156bn of gross lending.
But, the organisation predicts that those levels will fall back a little in 2014 as the boost from the Government’s cheap loans scheme, the Funding for Lending programme, fades………………………………………..Full Article: Source


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