AMI warns budget deficit will drive up cost of lending
The Association of Mortgage Intermediaries has warned that the budget deficit is driving up the cost of lending and is demanding the next Government put in place “real” debt reduction plans.

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BoE lending data for March
The number of loan approvals for house purchase (48,901) was higher than the February figure (46,882) but below the previous six-month average (54,201). Approvals for remortgaging (27,880) were higher than in February and also higher than the previous six-month average (25,853), while approvals for other purposes (25,484) were slightly higher than in February but below the previous six-month …

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Banks set to loosen lending
Banks are ready to put their toes back in the water after weathering one of the most difficult periods in their history, KPMG says in its latest report card on the sector.

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SF commercial mortgage broker, bankers to address lending issues
NORTH BAY — A principal at a San Francisco-based commercial mortgage brokerage with experience in alternative funding sources will be part of a finance panel discussion at the Business Journal’s upcoming Commercial Real Estate Networking Reception next month. The event will be May 11 from 5:30 to 7:30 p.m. at the Sheraton Sonoma County in Petaluma. To register, call 707-521-5264 or visit …

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