Aldermore said mortgage lending set to be at a more sustainable level in 2015
Commenting on the latest CML figures for lending, Charles Haresnape, managing director, mortgages and commercial lending at Aldermore Bank, said: “It is worrying that the market seems to be cooling and likely not be entirely due to seasonal factors. I believe the market moved at pace throughout most of 2014 and that it is now settling into a more sustainable trend.
“It is encouraging that the London market has stopped its unsustainable inflation which is not good for the wider market.”