13.12.2012 - Positive year ahead for UK housing market, says CML

A more stable and "positive" year in the UK housing and mortgage markets can be expected in 2013, a lenders' group has said. The Council of Mortgage Lenders (CML) said a steady increase in lending for house purchases signalled more activity. However, first-time buyers still required a deposit on average of 20% to get on the property ladder. This group accounted for four in 10 of all house purchase loans in October...............................................Full Article: Source

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