Finance Industry Today
UK Mortgage Market 2017: Forecasts and Future Opportunities
Orbisresearch.com published “UK Mortgage Market” from its database. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Published 10 April 2018
While the market has recovered well since the financial crisis, often growing by a double-digit percentage year-on-year, rising economic uncertainties will dampen the prospects for future growth over the coming years. During 2017-21, gross advances are expected to record a CAGR of 5.7%, reaching £327.0bn by the end of the forecast period.
On the supply side, an increased supply of new homes, stamp duty relief for first-time buyers, and tighter controls on buy-to-let lenders will improve matters for first-time buyers by reducing investor demand for properties. Legislative changes in the buy-to-let sector such as higher stamp duty and stricter underwriting standards will act as a drag on future growth, in what has been the standout sector in the years since the financial crisis.
Political uncertainty arising from the Brexit negotiations has dampened the economy’s prospects. At the same time, real wages are shrinking as annual pay increases fail to keep pace with rising inflation. Combined with the rapid growth in consumer credit and ensuing high levels of household debt, this will limit the capacity of consumers to take on significantly higher levels of mortgage debt.
Get Sample Copy of this Report@ http://orbisresearch.com/contacts/request-sample/2043306
Top Key Players:
Stafford Railway Building Society and Tipton & Coseley Building Society
Al Rayan Bank
Mortgagegym
NatWest
Secure Trust Bank
The Mortgage Lender
Foundation Home Loans
Vida Homeloans and Masthaven
Pepper Homeloans
Scope:
- The impressive growth in buy-to-let lending as seen over the last few years has come to a sudden halt, and is unlikely to resume in the near future.
- Equity release continues to enjoy much success, with lending showing significant year-on-year growth. Prospects for further growth are healthy, with several years’ worth of property price rises leaving borrowers with plenty of capital value to unlock, while the cost of equity release products is falling.
- Lending on shared ownership properties will see huge percentage increases over the forecast period, largely off the back of the government’s new Affordable Homes Programme 2016-21. An estimated 135,000 shared ownership homes will be built under this scheme, thus fueling a boom in associated mortgage lending.
Get more information about this report@ http://orbisresearch.com/reports/index/uk-mortgage-market-2017-forecasts-and-future-opportunities
This report offers five-year gross lending forecasts for residential and niche mortgages up to 2021, along with a detailed examination of the various demand- and supply-side factors that will determine the market outlook. It offers insight into -
- The key macroeconomic, regulatory, and other factors that will drive the demand for and supply of mortgages over the next five years.
- The outlook for niche sectors, including buy-to-let, equity release, shared ownership, shared equity, and self-build.
Reasons to buy:
- Develop more targeted strategies through the analysis of key mortgage market developments.
- Inform your future plans with our five-year forecast of gross advances for niche product lines.
- Analyze trends with details of historic gross advances across a range of specialist mortgage sectors and product types.
- Benchmark yourself against competitors and ensure you remain competitive as new innovations begin to enter the market.
- Be prepared for how regulation will impact the mortgage market over the next few years.
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Inquiry before Buying@ http://orbisresearch.com/contacts/enquiry-before-buying/2043306
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Info:
Phone No.: +1 (214) 884-6817; +912064101019
Email id: sales@orbisresearch.com
On the supply side, an increased supply of new homes, stamp duty relief for first-time buyers, and tighter controls on buy-to-let lenders will improve matters for first-time buyers by reducing investor demand for properties. Legislative changes in the buy-to-let sector such as higher stamp duty and stricter underwriting standards will act as a drag on future growth, in what has been the standout sector in the years since the financial crisis.
Political uncertainty arising from the Brexit negotiations has dampened the economy’s prospects. At the same time, real wages are shrinking as annual pay increases fail to keep pace with rising inflation. Combined with the rapid growth in consumer credit and ensuing high levels of household debt, this will limit the capacity of consumers to take on significantly higher levels of mortgage debt.
Get Sample Copy of this Report@ http://orbisresearch.com/contacts/request-sample/2043306
Top Key Players:
Stafford Railway Building Society and Tipton & Coseley Building Society
Al Rayan Bank
Mortgagegym
NatWest
Secure Trust Bank
The Mortgage Lender
Foundation Home Loans
Vida Homeloans and Masthaven
Pepper Homeloans
Scope:
- The impressive growth in buy-to-let lending as seen over the last few years has come to a sudden halt, and is unlikely to resume in the near future.
- Equity release continues to enjoy much success, with lending showing significant year-on-year growth. Prospects for further growth are healthy, with several years’ worth of property price rises leaving borrowers with plenty of capital value to unlock, while the cost of equity release products is falling.
- Lending on shared ownership properties will see huge percentage increases over the forecast period, largely off the back of the government’s new Affordable Homes Programme 2016-21. An estimated 135,000 shared ownership homes will be built under this scheme, thus fueling a boom in associated mortgage lending.
Get more information about this report@ http://orbisresearch.com/reports/index/uk-mortgage-market-2017-forecasts-and-future-opportunities
This report offers five-year gross lending forecasts for residential and niche mortgages up to 2021, along with a detailed examination of the various demand- and supply-side factors that will determine the market outlook. It offers insight into -
- The key macroeconomic, regulatory, and other factors that will drive the demand for and supply of mortgages over the next five years.
- The outlook for niche sectors, including buy-to-let, equity release, shared ownership, shared equity, and self-build.
Reasons to buy:
- Develop more targeted strategies through the analysis of key mortgage market developments.
- Inform your future plans with our five-year forecast of gross advances for niche product lines.
- Analyze trends with details of historic gross advances across a range of specialist mortgage sectors and product types.
- Benchmark yourself against competitors and ensure you remain competitive as new innovations begin to enter the market.
- Be prepared for how regulation will impact the mortgage market over the next few years.
Note: If you have any special requirements, please let us know and we will offer you the report as you want.
Inquiry before Buying@ http://orbisresearch.com/contacts/enquiry-before-buying/2043306
About Us:
Orbis Research (orbisresearch.com) is a single point aid for all your market research requirements. We have vast database of reports from the leading publishers and authors across the globe. We specialize in delivering customized reports as per the requirements of our clients. We have complete information about our publishers and hence are sure about the accuracy of the industries and verticals of their specialization. This helps our clients to map their needs and we produce the perfect required market research study for our clients.
Contact Info:
Phone No.: +1 (214) 884-6817; +912064101019
Email id: sales@orbisresearch.com
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