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Housing supply critical to stability – CML

The Council of Mortgage Lenders has told the Government&#39s review of housing supply that inadequate housing supply remains the most critical unresolved issue in UK housing policy.

The CML says without a substantial increase in supply the UK housing market will remain volatile.

CML deputy director general Peter Williams says: “Despite continuing house price rises, the supply of new homes has remained broadly static for a decade. There would need to be a huge increase in housing supply to really make a difference to the number of transactions and the stability of house prices.”

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Buy to let viable alternative to pensions says UCB

Rising numbers of people are viewing investment in property as a viable long-term alternative to pensions and other investments, according to specialist lender UCB Home Loans.A report by the Nationwide subsidiary reveals that buy-to-let activity remains buoyant in areas including Bristol, Northampton, Leeds, Manchester and Newcastle. UCB says this indicates how far attitudes towards renting […]

Active funds beat trackers, says HL

Actively managed funds are better value for money than index-hugging funds in both bear and bull markets, according to research by Hargreaves Lansdown.HL compared the annual compound growth rate of funds in the all companies sector over one, three, five and 10 years with the return from the FTSE All-Share index.It then broke down this […]

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