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CML expects positive tone and stability for lending and property prices.
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- Abstract:
The article offers information on the Council of Mortgage Lenders' business forecast which revealed that the gross lending will increase to 150 billion pounds in the forthcoming year. It further informs that the demand for house purchase loans will decline. It mentions that the house prices will not fall while the housing transactions are expected to rise to 900,000 in 2012.
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