COMMUNITY BRIEFS: Upcoming Events
Life Gate Church breakfast
Source: pharostribune.com
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Decade-low mortgage growth forecast amid high mortgage costs and sluggish demand
Significant cost-of-living pressures continue to affect households’ ability to spend, according to EY ITEM Club.
Source: lbc.co.uk
Mortgage lending to slump to lowest growth in a decade: EY ITEM Club   – Mortgage Strategy
UK mortgage lending is forecast to post decade-low growth this year and into 2024, according to EY ITEM Club, amid the highest mortgage rates since 2008. Home loans in 2023 are expected to rise just 1.5% this year and 2% in 2024, the slowest growth in ten years, as “economic growth remains subdued and weakening
Source: mortgagestrategy.co.uk