UK Mortgage Market Insights - week ending 26th January 2024
UK Mortgage Market Insights

UK Mortgage Market Insights - week ending 26th January 2024

2024-01-26

08:43

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

https://www.theguardian.com/business/2024/jan/21/99-per-cent-mortgage-scheme-uk-housing-market-ministers

https://www.gov.uk/government/statistics/housing-supply-indicators-of-new-supply-england-july-to-september-2023/housing-supply-indicators-of-new-supply-england-july-to-september-2023

No. of episodes
26
Latest episode
2024-04-03

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

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