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UK lenders expect demand for mortgages to plateau in coming months

UK lenders expect demand for mortgages to plateau in coming months

FILE PHOTO: A man walks down the stairs as the Bank of England building is seen on the backdrop in London, Britain, April 14, 2025. REUTERS/Carlos Jasso/File Photo

British lenders expect to see demand for mortgages level off in the months ahead after they reported an increase in early 2025, a Bank of England survey showed on Thursday.

The measure of expected availability of mortgages rose to its highest level in four years, the BoE’s quarterly Credit Conditions Survey showed.

(Writing by William Schomberg)

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