Personal Finance and Mortgages

CML: Buy-to-let can’t avoid the credit crunch
Buy-to-let lending fell over the first half of this year but not as severely as lending as a whole did, according to new figures from the Council of Mortgage Lenders (CML).

Britons struggling to secure mortgages
A large number of people have had mortgage applications rejected on several occasions recently, according to a new survey, further reducing their chances of securing one in the process.

BBA: Mortgage lending down again
Mortgage lending by major banks fell again last month, according to new British Bankers’ Association (BBA) data, although the number of loans to homebuyers rose slightly.

Potential homebuyers renting instead
Many potential homebuyers are choosing to rent instead because of unfavourable conditions in the property market, according to an online change of address service.

NAEA demands Hips review
The National Association of Estate Agents (NAEA) has blamed home information packs (Hips) for exacerbating the housing market slump and called for them to be reviewed.