Mortgage and rental spending increase by 2%

19th February 2025 Consumer Lending | #mortgage spending

Rent and mortgage spending increased slightly to 2 per cent year-on-year in January according to the latest Barclays Property Insights report. Despite this increase, consumers’ confidence in their ability to afford rent and mortgage payments remained unchanged month-on-month at 52 per cent. Anticipating the Bank of England’s recent decision to cut the Base Rate, consumer…

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