lending

Lending predicted to hit £310bn despite uncertainty

22nd December 2022 Consumer Lending | #lending #mortgages

Intermediary Mortgage Lenders Association’s (IMLA) latest report has shown that the mortgage market has remained resilient throughout 2022 with gross lending expected to reach £310 billion this year, slightly above 2021’s strong performance. The figure has been driven by high levels of re-mortgaging, which account for more than a third of gross lending. The buy-to-let…

Consumers paralysed by application anxiety after credit card and loan declines

4th November 2022 Consumer Lending | #lending

New research from Freedom Finance, has indicated the potentially serious impact of credit declines on potential borrowers in the UK is creating application anxiety. Nearly half of all (46%) adults said that they wouldn’t apply again if they were declined for a loan or credit card from their bank. Over a third (36%) said that…

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lending

Lending predicted to hit £310bn despite uncertainty

Consumers paralysed by application anxiety after credit card and loan declines

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