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20/10/2008
Other News In Brief
Gross Mortgage Lending Drops In September
Gross mortgage lending reached an estimated £17.7 billion in September, a decline of 10% from August and 42% from September last year, according to the Council of Mortgage Lenders (CML). Gross lending for the third quarter is estimated at £62 billion down 16% from the second quarter of 2008 and 37% from the third quarter of last year. A seasonal fall is typically experienced between August and September. However, £17.7 billion is the lowest gross lending figure since January 2005 and the lowest September figure since 2001. CML Director General, Michael Coogan, said: "The mortgage market is open for business. But weakening consumer demand and ongoing funding constraints will dampen monthly lending figures for the rest of this year and into the first quarter of 2009. We estimate gross lending in 2008 will be around £255 billion (£363 billion in 2007) and net lending of around £40 billion (£108 billion in 2007)."
Murder Inquiry Launched After Woman's Body Found
A murder investigation has been launched after the body of a woman in her 50s was found at a house in Surrey. A post mortem examination at the Royal Surrey Hospital revealed she died from multiple stab wounds to the chest and neck area. Police found the woman at a home in Aarons Hill, Godalming, just after 1am on Sunday, following an emergency call. A man in his 40s has been arrested at the scene. A Surrey Police spokesman said he was taken to hospital and is being treated for non-life threatening injuries.
'YouTube Motorcyclist' Jailed
A motorcyclist has been jailed after posting footage of himself speeding at over 130mph on a video-sharing website. Sandor Ferenci, 28, of Fulwell Close, Banbury, was spotted riding dangerously in roads around Banbury, Oxfordshire. It was later found out he posted the footage on YouTube. It was estimated the 28-year-old was driving at 136mph. He appeared at Oxford Crown Court today and jailed for 12 weeks. He was also disqualified from driving for two years and ordered to take an extended driving test after pleading guilty to two counts of dangerous driving.
Man Treated In Hospital Following 'Serious' Attack
A 40-year-old man has been taken to hospital following an attack in the south side of Glasgow. Detectives investigating the incident, described as a serious assault, which occurred on Nithshill Road near the Cavendish Pub at around 11.35pm on Saturday, as attempted murder. The man received serious injuries and was taken to the city's Southern General Hospital for treatment. Police are appealing for witnesses who may have seen the attack, to come forward. The suspect is described as a white male, around 6ft tall, of muscular build and shaved head.
Drugs Team Celebrates Success
A Coventry project that has helped put more than 900 drug users back on track and in doing so has contributed to cutting crime in the city by a quarter since 2004 has been praised by Home Office Minister Alan Campbell today. On his first Ministerial visit and during a tour of the Coventry Community Drug Team's building he met with staff, service users, council and police representatives which coincided with the one year anniversary of their move to the Ironmonger Row office. A key priority for the team is reducing drug related crime by engaging with problematic drug users, providing them with appropriate treatment and supporting them through and after treatment, whether they are in custody or in the community. Evidence shows that clients need to remain in treatment for at least 12 weeks for it to be effective. Over the last year Coventry has retained 85% of its clients for 12 weeks or more.
(JM)
Gross mortgage lending reached an estimated £17.7 billion in September, a decline of 10% from August and 42% from September last year, according to the Council of Mortgage Lenders (CML). Gross lending for the third quarter is estimated at £62 billion down 16% from the second quarter of 2008 and 37% from the third quarter of last year. A seasonal fall is typically experienced between August and September. However, £17.7 billion is the lowest gross lending figure since January 2005 and the lowest September figure since 2001. CML Director General, Michael Coogan, said: "The mortgage market is open for business. But weakening consumer demand and ongoing funding constraints will dampen monthly lending figures for the rest of this year and into the first quarter of 2009. We estimate gross lending in 2008 will be around £255 billion (£363 billion in 2007) and net lending of around £40 billion (£108 billion in 2007)."
Murder Inquiry Launched After Woman's Body Found
A murder investigation has been launched after the body of a woman in her 50s was found at a house in Surrey. A post mortem examination at the Royal Surrey Hospital revealed she died from multiple stab wounds to the chest and neck area. Police found the woman at a home in Aarons Hill, Godalming, just after 1am on Sunday, following an emergency call. A man in his 40s has been arrested at the scene. A Surrey Police spokesman said he was taken to hospital and is being treated for non-life threatening injuries.
'YouTube Motorcyclist' Jailed
A motorcyclist has been jailed after posting footage of himself speeding at over 130mph on a video-sharing website. Sandor Ferenci, 28, of Fulwell Close, Banbury, was spotted riding dangerously in roads around Banbury, Oxfordshire. It was later found out he posted the footage on YouTube. It was estimated the 28-year-old was driving at 136mph. He appeared at Oxford Crown Court today and jailed for 12 weeks. He was also disqualified from driving for two years and ordered to take an extended driving test after pleading guilty to two counts of dangerous driving.
Man Treated In Hospital Following 'Serious' Attack
A 40-year-old man has been taken to hospital following an attack in the south side of Glasgow. Detectives investigating the incident, described as a serious assault, which occurred on Nithshill Road near the Cavendish Pub at around 11.35pm on Saturday, as attempted murder. The man received serious injuries and was taken to the city's Southern General Hospital for treatment. Police are appealing for witnesses who may have seen the attack, to come forward. The suspect is described as a white male, around 6ft tall, of muscular build and shaved head.
Drugs Team Celebrates Success
A Coventry project that has helped put more than 900 drug users back on track and in doing so has contributed to cutting crime in the city by a quarter since 2004 has been praised by Home Office Minister Alan Campbell today. On his first Ministerial visit and during a tour of the Coventry Community Drug Team's building he met with staff, service users, council and police representatives which coincided with the one year anniversary of their move to the Ironmonger Row office. A key priority for the team is reducing drug related crime by engaging with problematic drug users, providing them with appropriate treatment and supporting them through and after treatment, whether they are in custody or in the community. Evidence shows that clients need to remain in treatment for at least 12 weeks for it to be effective. Over the last year Coventry has retained 85% of its clients for 12 weeks or more.
(JM)
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20 October 2009
Mortgage Lending 'Dropping'
Gross mortgage lending totalled an estimated £12.5 billion in September, a 2% rise from the £12.3 billion in August - but down 27% from September 2008 - according to new data from the Council of Mortgage Lenders (CML). Gross lending in the third quarter of 2009 was an estimated £38.
Mortgage Lending 'Dropping'
Gross mortgage lending totalled an estimated £12.5 billion in September, a 2% rise from the £12.3 billion in August - but down 27% from September 2008 - according to new data from the Council of Mortgage Lenders (CML). Gross lending in the third quarter of 2009 was an estimated £38.
22 April 2009
Mortgage Lending Begins To Rise
Gross mortgage lending was an estimated £11.5 billion in March, a 16% rise from £9.9 billion in February but a 52% decline from £24.2 billion in March 2008, according to new data from the Council of Mortgage Lenders (CML).
Mortgage Lending Begins To Rise
Gross mortgage lending was an estimated £11.5 billion in March, a 16% rise from £9.9 billion in February but a 52% decline from £24.2 billion in March 2008, according to new data from the Council of Mortgage Lenders (CML).
21 May 2009
Mortgage Lending Falls By 9%
Mortgage lending declined to an estimated £10.4 billion in April, down 9% from £11.4 billion in March and 60% from £26.1 billion in April 2008, according to new data from the Council of Mortgage Lenders (CML). The CML said there is a slight fall for seasonal reasons as Easter fell in April this year, compared to March last year.
Mortgage Lending Falls By 9%
Mortgage lending declined to an estimated £10.4 billion in April, down 9% from £11.4 billion in March and 60% from £26.1 billion in April 2008, according to new data from the Council of Mortgage Lenders (CML). The CML said there is a slight fall for seasonal reasons as Easter fell in April this year, compared to March last year.
13 February 2009
OFT Consults On Second Charge Lending Guidance
The Office of Fair trading (OFT) today launched a consultation on draft guidance for businesses engaged in second charge lending. Second charge loans, or 'homeowner loans', involve consumers with an existing mortgage taking out further personal borrowing secured against their home.
OFT Consults On Second Charge Lending Guidance
The Office of Fair trading (OFT) today launched a consultation on draft guidance for businesses engaged in second charge lending. Second charge loans, or 'homeowner loans', involve consumers with an existing mortgage taking out further personal borrowing secured against their home.
21 May 2004
Upward trend in mortgage lending continues rise, says report
Mortgage lending in April totalled £25 billion, 1% higher than in March and 25% higher than in April last year, according to the latest lending data from the Council of Mortgage Lenders (CML). House purchase loans accounted for 51% of gross lending, at £12.8 billion, matching the record figure of October last year.
Upward trend in mortgage lending continues rise, says report
Mortgage lending in April totalled £25 billion, 1% higher than in March and 25% higher than in April last year, according to the latest lending data from the Council of Mortgage Lenders (CML). House purchase loans accounted for 51% of gross lending, at £12.8 billion, matching the record figure of October last year.
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Northern Ireland WeatherToday:A very mild, but mostly cloudy day, although with some bright or sunny spells. It will be mostly dry in the morning, but a little patchy light rain or drizzle at times in the afternoon. Maximum temperature 14 °C.Tonight:A band of heavier rain will move east during the evening before clearing eastwards after midnight. then mostly dry through the early hours, but a little rain towards dawn. Minimum temperature 8 °C.
