UK Mortgage Market Insights

UK Mortgage Market Insights - week ending 15th December 2023

2023-12-15

In this episode, we analyse the UK's mortgage market for theweek ending on the 15th December 2023.

We examine lenders that have changed their interest rates and lending criteria, key economic data such as the Bank of England base rate and GDP, and an updated swap rate chart, making predictions for future mortgage rates. We also delve into specific changes made by Skipton, Nationwide, Santander, Virgin, and Metro Bank, and explore the implications of these changes for potential borrowers. Lastly, we discuss the latest wage growth data, the Bank of England's mortgage lending data, and the latest GDP data, before concluding with thoughts on the recent Bank of England meeting and a look at the lenders that have reduced their mortgage rates this week.

00:00 Introduction and Overview

00:35 Lender Criteria Changes

01:56 Latest Wage Growth Data

03:13 Bank of England's Mortgage Lending Data

04:40 Latest GDP Data

05:33 Bank of England Interest Rate Decision

06:33 Critique of the Monetary Policy Committee

07:31 Latest Swap Rate Chart

08:50 Lender Rate Reductions

09:37 Closing Remarks and Future Engagements

No. of episodes

26

Latest episode

2024-04-03

Where can you listen?

A weekly update of all the key goings on from the current week in the UK mortgage and property world.