From Rothesay,
“Lending on residential property remains a key focus, and the UK housing market is a strategic cornerstone to continue to support the UK economy, with it being expected that supply could outstrip demand for the foreseeable future.”
Assume supply and demand is referring to the lending rather than supply and demand for houses, because that was not clear from the first read.
Unclear what this risk meant.
"Credit worthiness of customers: potential mortgage prisoners"
Does it mean if you're property is < EPC C and unable to get up to C, you'd struggle to get new mortgage in future.
harrylandles
commented
2 years ago
From Rothesay, “Lending on residential property remains a key focus, and the UK housing market is a strategic cornerstone to continue to support the UK economy, with it being expected that supply could outstrip demand for the foreseeable future.” Assume supply and demand is referring to the lending rather than supply and demand for houses, because that was not clear from the first read.
Unclear what this risk meant. "Credit worthiness of customers: potential mortgage prisoners" Does it mean if you're property is < EPC C and unable to get up to C, you'd struggle to get new mortgage in future.