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In the Press

Eight in ten mortgage brokers optimistic amid economic challenges

New research reveals that there is healthy optimism among brokers about the future of the UK mortgage sector, despite a challenging economic backdrop, including stamp duty rises expected in April and...

13th February

In the press

Consumer finance new business fell by 1% in November 2024

New figures released by the Finance & Leasing Association (FLA) show that consumer finance new business fell in November 2024 by 1% compared with the same month in 2023. In the eleven months to...

06th February

In the press

Economic growth forecast slashed for 2025

The EY ITEM Club Winter Forecast is predicting that UK GDP growth will be at 1% in 2025, down from the 1.5% growth projected in October’s forecast. This represents only a marginal improvement on the...

06th February

In the press

House price affordability improves, but average first-time buyer still paying five times salary

Wages outstripped house price growth last year resulting in a “modest improvement” in affordability for buyers, according to mortgage lender Nationwide.

04th February

In the press

Mortgage affordability improving but borrowers still stretched: Nationwide

There has been a modest improvement in UK housing affordability over the last year, due to earnings growth marginally outpacing house price growth and a slight reduction in average borrowing costs.

28th January

In the press

Consumer confidence falls but analysts say 2025 could be better

Consumer confidence dropped marginally in the last quarter of 2024, according to the Deloitte consumer tracker.

27th January

In the press

Business confidence hits two year low

UK business confidence has reached its lowest point in nearly two years, according to the latest Business Trends Report by BDO. The BDO optimism index fell by 5.81 points to 93.49 in November, marking...

15th January

In the press

Mortgage arrears increases by 18%

Latest mortgage lending data from the Bank of England and FCA shows that the value of outstanding mortgage balances with arrears is 18% higher than a year earlier and has risen to £21.9 billion,...

06th January

In the press

British consumers most likely to demand instant decisions on loans

New research by CRIF has found that consumers in the UK are the most likely in Europe to demand near-immediate decision-making on services and product applications by banks, insurers and lenders.

02nd January

In the press