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Evening Standard
Evening Standard
Vicky Shaw

Mortgage lending ‘set for a boost in 2025 after two years of suppressed demand’

United Kingdom EY EY ITEM Club the EY Item Club Interest Rates
It is predicted falling interest rates and rising consumer confidence will boost housing market activity (Joe Giddens/PA) - (PA Archive)

The growth rate in the value of UK mortgage lending is set to double in 2025, following two years of little-to-no increases, according to a forecast.

Falling interest rates and rising consumer confidence will boost housing market activity, the EY ITEM Club “outlook for financial services” suggests.

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