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CML Forecast 16% Mortgage Lending Growth In Next 2 Years

CML Forecast 16% Mortgage Lending Growth In Next 2 Years

Council of Mortgage Lenders Predict Significant
Mortgage Lending Growth

The Council of Mortgage Lenders (CML) have predicted that gross mortgage lending in the UK will increase by 16% over the next two years.

The CML says gross mortgage lending in the UK reached around £207 Billion (GBP) in 2014 and they firmly believe that gross mortgage lending will grow by 7% to £222 Billion (GBP) during 2015.

Following that, the CML also forecast a further 8% increase to £240 Billion (GBP) in 2016, up 16% when compared to gross mortgage lending in 2014.

While the CML are happy to forecast 2 years of mortgage lending growth, it acknowledges that the pace of growth has slowed compared with the 18% recorded from 2013 to 2014, with gross mortgage lending increasing from £176 Billion (GBP) in 2013 to £207 Billion (GBP) in 2014.

In its analysis, the CML said that the stamp duty reforms announced by the Chancellor, George Osborne, in the Autumn budget would help boost overall mortgage lending activity, following the lull encountered in the summer of 2014.

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Cracking The Property Code with Matthew Moody

Cracking The Property Code with Matthew Moody

Cracking the Property Code Live is the culmination of 10 years hands on experience and brings one of the UK’s best property investment educators ready to share with a select audience what he knows to be the key to property investment success.

 

Take action to move your property business
onwards and upwards

Spend the day with Matthew Moody learning how to create a property business that is profitable, and sustainable

BOOK YOUR PLACE NOW!

Attendees Will Learn:

  • How to understand if the path you are on is the right path for you
  • How to choose two property strategies that work for you
  • Which systems to use and which ones to ditch
  • Which three marketing strategies you need to use

Learn how to have more time, make more money
and secure the future of your property business

  • How to have more time, and make more money
  • Strategies for ensuring your property lets out for a premium rent
  • Foolproof guides to leveraging your time so you can do more and make more
  • How to make your business work in the recession
  • Busting wide the myths about regulations
  • How to avoid the ticking time bomb of interest rates

 With featured exhibitors:

  • Mir & Co Solicitors
  • HMO Tax
  • The Mortgage Practice

BOOK YOUR PLACE NOW!

 

June 22nd 2013 at The London Ealing Hotel, DoubleTree Hilton

Time: 09.00am – 05:30pm

Cracking the Property Code Live!

Cracking the Property Code Live!

There Will Never Be A Better Time To Invest In Property

MyPropertyPowerTeam.co.uk helps property investors and landlords build their own property power team to enable them to profit from property - Visit our main site now!