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Conveyancing Association responds to latest lending data

Responding to the latest monthly lending figures from the CML, Eddie Goldsmith, Chairman of the Conveyancing Association said:

“These figures show yet again the strong demand for housing across the country with the market now really accelerating following the summer months. We would expect activity to increase further over the Autumn as many people seek to move before the Christmas period. There is no way we’ll see interest rates go up in the next few months, and our members’ clients are clearly wanting to take advantage of these low rates sooner rather than later. This coupled with low inflation and rising wages all seem to be stimulating ever increasing demand, with mortgage lending well ahead of where it was last year.”


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