

Rafter Associates Financial Management Ltd
Rafter Associates Financial Management Ltd is a family run business which has been trading since 1981.CML reports increased housing activity in Scotland
Over £1.5 billion worth of loans for home purchases were made in the final quarter of 2009 in Scotland, it has been revealed.
The data was released by the Council of Mortgage Lenders (CML) and also found that the improvement in the sector equated to 22% in terms of volume and 19% in terms of value.
CML Scotland policy consultant Kennedy Foster noted that funding conditions remained challenging and economic recovery was still fragile.
However, he stated that the bad weather at the beginning of the year, coupled with the end of the stamp duty holiday will more than likely have an impact on the housing market activity.
A slight increase in movement can be expected later in the year though, Mr Foster remarked.
The organisation recently said that mortgage activity was likely to experience a slow start to 2010, but this may just be a temporary lull in the market.
The data was released by the Council of Mortgage Lenders (CML) and also found that the improvement in the sector equated to 22% in terms of volume and 19% in terms of value.
CML Scotland policy consultant Kennedy Foster noted that funding conditions remained challenging and economic recovery was still fragile.
However, he stated that the bad weather at the beginning of the year, coupled with the end of the stamp duty holiday will more than likely have an impact on the housing market activity.
A slight increase in movement can be expected later in the year though, Mr Foster remarked.
The organisation recently said that mortgage activity was likely to experience a slow start to 2010, but this may just be a temporary lull in the market.
