The Council of mortgage Lenders (CML) said, "The number of mortgages granted rose to 52,700, 29 percent more than in August 2008." It’s a sign the property market is stabilizing and today’s report adds to evidence that Britain is emerging from its worst recession in a generation. The number of people remortgaging their homes [...]

  The Council of Mortgage Lenders (CML) said that gross mortgage lending rose 26% in July to £16bn. if (ad16 != “”) { document.writeln(‘ ‘ + AAMB16 + ‘ ‘); } The lending figure has jumped from £12.7bn in June but represents a 36% decline from the £24.9bn recorded in July last year. The CML [...]