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The Independent UK
The Independent UK
Business
Vicky Shaw

UK mortgage lending growth set to double in 2025 as falling interest rates revive market

United Kingdom EY EY ITEM Club the EY Item Club Interest Rates

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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