Mortgage lending is ‘off to a strong start’ in 2019
The latest monthly update from UK Finance indicates that more home-movers and first-time buyers were active in the mortgage market in January this year compared to last. Buy-to-let lending, however, continues to decline.
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Mortgage lending to fall in 2024, predicts UK Finance
'We expect lending to remain weak in 2024, with a gradual improvement in affordability reflected in a modest increase in activity levels in 2025,' says banking industry trade body.
Mortgage lending remains ‘relatively strong’
The number of mortgages for house purchases fell slightly from December to January, but is still well above numbers seen in the last decade.
Mortgage lending held steady in December
But new approvals dipped in seasonal fashion.
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