UK Mortgage Market Research Report 2018-2022Posted by Bharat Book on August 9th, 2019 Bharat Book Bureau Provides the Trending Market Research Report on “UK Mortgage Market 2018: Forecasts and Future Opportunities” under Banking Category. The report provides information on industry overview, market size, latest developments, industry trends, Key Manufacturers, global presence,device to communicate and their future prospects. Summary Request a Free Sample Copy of UK Mortgage Market Report @ On the supply side, an increased supply of new homes, stamp duty relief for first-time buyers, and the extension of the Help to Buy equity loan scheme will improve matters for first-time buyers. More withdrawals in the buy-to-let sector by landlords are expected over the next two years, increasing the supply of properties available to both existing homeowners and first-time buyers. Political uncertainty arising from the Brexit negotiations has weighed on economic growth, and is likely to continue to do so over the forecast period. But high levels of employment, rising wages, and slower private rental growth – combined with significant government intervention in the housing market – will ensure moderate growth over the forecast period. This report offers five-year gross lending forecasts for residential and niche mortgages up to 2022, along with a detailed examination of the various supply-side factors that will determine the market outlook. It offers insight into – – The Right to Buy sector will be supported by the scheme’s extension to housing association tenants and the government’s lifting of the Housing Revenue Account cap, enabling local authorities to increase borrowing to invest in new housing stock. – Buy-to-let lenders are adapting to margin compression by including non-rental income in affordability assessments. As mortgage interest tax relief is removed, demand for top-slicing products will increase. – The number of equity release products is growing rapidly to meet consumer demand. Prospects for further growth are strong, with several years’ worth of property price rises leaving borrowers with plenty of capital value to withdraw. – The removal of restrictive criteria and increased consumer awareness, combined with substantial government funding, will see the shared ownership sector grow significantly over the forecast period. Scope Reasons to buy About Bharat Book Bureau: Contact us at: Like it? Share it! More by this author |