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Market recovery to take four years, claims CBRE

The housing market will take four years to fully recover, with prices rising just 3% by the end of this year, according to CB Richard Ellis.

 

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Small business lending plummets £269m

Chancellor George Osborne has called on banks to increase their lending to businesses as new figures reveal that lending to small firms plummeted by a staggering £269m in the year to June.

 

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Gross Mortgage Lending up 15%. (CML 20/07)

Gross Mortgage Lending up 15%. (CML 20/07)

 

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ARLA REACTION TO BUDGET (22/06)

On the Chancellor’s Budget Ian Potter, operations manager of the Association of Residential Lettings Agents (ARLA), said

 

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CML on Bank of England mortgage data. (29/07)

Today’s Bank of England lending data for June confirms that a quiet mortgage market is set to remain into the autumn.

 

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