HomeMortgagesUK lenders expect demand for mortgage and consumer credit to flatten

UK lenders expect demand for mortgage and consumer credit to flatten

LONDON, Oct 16 (Reuters) – British lenders expect to see unchanged demand for mortgages in the last three months of 2025, according to a Bank of England survey published on Thursday that added to other signs of a cooling of the housing market.
The BoE’s quarterly Credit Conditions Survey showed lenders reported no change in demand for loans for home purchases in the July-to-September period and a similar flat picture was expected between October and December.
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Karim Haji, global and UK head of financial services at KPMG, said mortgage activity appeared more mixed than earlier in 2025 with some signs of easing demand for house purchases.

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