Our latest Mortgage and Property Report explores the changing dynamics of our industry.
In the Mortgage and Property Report, we look at some of the market dynamics and emerging trends that are putting pressure on new lending volumes in the mortgage sector. We examine their cause and potential market developments in response. Read the full report here.
Britain is facing an interest-only mortgage crisis: More than quarter of a million homeowners expected to struggle to refinance their property in the next five years.
Using our predictive mortgage analysis technology, Vector our CEO Mark Arnold reveals for the first time the extent of the problem in the financial system stemming from interest-only mortgages. By January 2024, approximately 250,000 Britons will have reached the repayment date for their interest-only mortgage – without being able to find a new deal elsewhere – that’s approximately 15% of the 1.7m British borrowers who currently have an interest-only mortgage. Read the full article here.