UK Mortgage Market Insights - week ending 26th January 2024
2024-01-26
UK Mortgage Market Insights: Week of January 26th, 2024
In this episode, we discuss the latest lender rate changes, lender criteria changes, the government's proposal of a 99% mortgage, the lack of housing supply in the UK, and when the first Bank of England base rate cut might occur. We also analyze the recent swap rate chart and its implications. Moreover, we cover the revisions made by various lenders such as Mpowered, Kensington, HSBC, Halifax, Hodge, NatWest, and Leeds Building Society. Lastly, we examine both rate reductions and increases from lenders during the week.
00:00 Introduction to the Episode
00:27 Welcome and Overview of the UK Mortgage Market
00:35 Latest Lender Criteria Changes
01:49 Government's 99% Mortgage Scheme
03:18 UK Government's Housing Supply Report
04:39 Latest Swap Rate Chart and Market Impact
05:53 Predictions for the Bank of England Base Rate Cut
07:11 Lender Rate Decreases and Increases
08:22 Conclusion and Final Thoughts
Bank of England set to start on path towards interest rate cuts | Reuters
- 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.