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Aldermore comments on CML lending figures

POSTED: 22nd October 2015
IN: Newsroom
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Commenting on the CML data released today, Aldermore Group Managing Director, Mortgages, Charles Haresnape says:

"The evidence from today’s data shows that after a slower start to the year, uncertainty caused by the election and the prospect of rate rises has diminished. While seasonal factors tend to mean a slower period over the summer months, the strong improvements seen over the last four months in year-on-year lending levels are extremely positive, and should continue for the remainder of 2015.

“However, while a strong market has sustained momentum in lending levels, supply issues and comparatively small levels of stock coming onto the market will continue to provide a constraint on the sector.”

**Ends**

For further enquiries, journalists can contact:

Johnathan Priestley, Cicero

Phone:            0207 297 5954

Email:             Johnathan.Priestley@cicero-group.com

Notes to Editors:
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  • Mortgages
  • Press Release
  • Residential Mortgages

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