Difficult lending conditions persist - CML

May 15, 2009
The mortgage lending market continues to be challenging, as the Council of Mortgage Lenders (CML) has shown in its latest figures. CML said that new buy-to-let lending fell for the sixth consecutive quarter in the first three months of 2009. Buy-to-let lending has halved over the last year. New buy-to-let mortgages dropped from 38,000 in the fourth quarter of 2008 …

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