CML Sees UK Mortgage Lending Rise 19% from 2008

"“It’s tempting to call the turn in the mortgage market at this point, and there is certainly concrete evidence that lending for house purchase is increasing,” said CML economist Paul Samter. “But there are still constraints affecting the lending industry’s capacity to fund increased lending, as well as less consumer motivation to remortgage for the time being. The overall lending picture is likely to stay relatively subdued for some time, especially as the wider economy is far from robust as yet.”"