demand drops

Mortgage

Remortgagers driving forecasted lending increase in 2022 as homebuyer demand drops

The latest market analysis by mortgage experts, Revolution Brokers , has revealed that despite recent turbulence following a string of base rate increases, the total sum of lending secured across the UK property market is on course to sit two per cent higher than it did in 2021.

Based on an analysis of lending data from the Bank of England, the research by Revolution Brokers...