UK Finance has released its forecasts for the housing and mortgage markets in 2025 and 2026.
As interest rates are predicted to decrease and cost pressures ease, the outlook for 2025 shows a gradual improvement in mortgage affordability, which is expected to contribute to market growth. It is anticipated that the decrease in interest rates will lead to a further reduction in arrears, with tailored forbearance measures in place to support those in need. For more details, you can read the full report here.
