In reference to mortgage lending
Jeeze, have we not learnt our lessons yet ? They’ ll be offering 110% with cashbacks again soon
- reports increase in mortgage availability above 75% Loan-to-Value
- lenders see significant rise in in Q2 mortgage demand
- demand for credit card lending fell significantly
- lenders expect further expansion of credit availability to businesses in Q2
Lending to business is good ofc but I’ll believe it when I see it. Mortgage lending feeds far greater returns into their now nicely shored-up coffers.
Despairing. Really. And the FPC will have to act , but that doesn’t necessarily mean a hike in rates
Full report at the Old Lady here
