Propertymark responds to latest Bank of England Credit Conditions Survey
Nathan Emerson, CEO at Propertymark, comments: “It is encouraging to see growing confidence around the potential demand for secured lending for house purchases and remortgaging in the months ahead. While the year has proved challenging for many consumers from an affordability perspective, improved access to finance could provide an important catalyst for greater confidence across the housing sector as we approach the end of the year and head into 2027.
“Maintaining access to affordable lending will be important in helping the market build momentum and providing greater certainty for consumers.
“With the Autumn Budget just weeks away, attention will focus on whether the UK government introduces measures that provide greater certainty for buyers and sellers. Support for first-time buyers would be particularly welcome, while measures that encourage investment in housing could help ensure greater economic confidence over the longer term.”