UK lenders predict weakening demand for mortgages, BoE survey reveals


(Reuters) – British lenders count on demand for mortgages to sluggish within the months forward despite the fact that they assume availability will proceed to rise, a Financial institution of England survey confirmed on Thursday.

A gauge of anticipated demand for secured lending within the BoE’s quarterly Credit score Situations Survey fell within the fourth quarter of 2024 to its lowest studying because the third quarter of 2023.

The measure of anticipated availability of mortgages rose to its highest stage because the first quarter of 2024.

admin

Share
Published by
admin

Recent Posts

EuroMillions: Single ticket-holder might win UK’s largest lottery prize tonight

A single ticket-holder might win the largest lottery prize the UK has ever seen in…

4 hours ago

In a harmful world, the explosive Trump-Musk bust-up is extra terrifying than titillating

Elon Musk posted in February that he liked his president, patron and private buddy, "as…

4 hours ago

Commerce conflict: US hiring slows however employment resilient

The US economic system noticed a slowdown in hiring however no leap in unemployment final…

5 hours ago

Directors lined up for UK arm of Microsoft-backed Builder.ai

Directors are on standby to deal with the collapse of the UK arm of Builder.ai,…

5 hours ago

SlimFast-owner will get into form with launch of weight-reduction plan model sell-off

The proprietor of SlimFast has kicked off a sale of the burden loss model after…

8 hours ago

HSBC sounds out ex-McKinsey chief Sneader about chairmanship

A former McKinsey boss is among the many candidates being thought-about to interchange Sir Mark…

8 hours ago