Landlords may be interested in a response to a publication by the Council of Mortgage Lenders (CML) on lending figures.

Chief executive of the National Association of Estate Agents (NAEA) Peter Bolton King said the government could have difficulties in justifying stamp duty rules if lending has dropped this month.

A rise in mortgage lending was noted by the CML in December. This may have been due to many people rushing to get a place on the housing ladder, Mr King explained.

"The government's ill-advised removal of the stamp duty holiday"was to blame for this rush, he added.

It is now more difficult for many people to own a property thanks to this move and January's CML figures could reflect this, Mr Kind continued.

Yesterday (January 21st) the CML reported a 14 per cent rise in gross mortgage lending for the previous month, which reached approximately £13.8 billion.

It also meant that the first annual monthly comparison was positive since October 2007, the organisation noted.

Written by Sarah FieldADNFCR-2002-ID-19573058-ADNFCR

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