MORTGAGE MARKET FORECASTS

UK Finance produces independent forecasts for the mortgage and housing markets over a two year time horizon. Includes gross and net lending for residential and buy-to-let markets, refinancing, total property transactions and mortgage arrears and possessions.

Mortgage lending to fall 15 per cent next year, returning to pre-pandemic levels

UK Finance has today published its mortgage market forecast for 2023 – 2024, anticipating a softening in the mortgage market next year that marks a return to pre-pandemic norms.

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