The Council of Mortgage Lenders (CML) predicts that house prices will rise 1% over the next year, and lending will fall.

The CML鈥檚 forecast, published this week, says that home loans will fall from 拢360bn this year to 拢340bn next. The CML鈥檚 report follows figures for October by Hometrack showing the first fall (0.1%) in housing inflation for two years.

Topics