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Charms of Chorlton


UK mortgage lending highest for seven years, says CML.

Mortgage lending in 2015 was the highest for seven years, according to the Council of Mortgage Lenders (CML). It says homeowners borrowed £220.3bn last year, up 8% on 2014 and the highest since 2008's total of £247.8bn. However, the figure is still well below the £356bn lent at the peak of the property market in 2007.

The CML said lending had recovered faster than expected. Growing wages, falling unemployment and cheap mortgage deals were among the reasons. Nevertheless, it said the outlook for 2016 was less certain.

Please call my Chorlton office on 0161 882 2233 if you wish to book a viewing on one of our fantastic properties, or if you wish to book a FREE market appraisal on your property. We also have our own in house independent Financial adviser Brendan Brown who you can make an appointment with to discuss your mortgage and financial requirements.

'No one is as professional as you think they are. Even the CEO of that huge corporation is taking his packed lunch and club biscuit to work. '

Kind regards

Eddie Ellis MNAEA
Director
JP & BRIMELOW Chorlton



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