A lot happened last year, including an election, interest rate changes and a brand new budget. So, as we move into 2025, we’re taking stock of 2024 and considering what’s next for the mortgage market.
In our latest Lending Lowdown article, we spoke with Keith Church, the Head of Economic Modelling at 4most Analytics Consulting, to revisit his January 2024 predictions and reflect on how they’re shaping up.
Keith shares insights on how recent developments are influencing the housing market, as well as analysis on:
- How a modest 2024 could provide a boost in 2025.
- House prices are holding steady, but with affordability still a major challenge, sharp price increases are unlikely.
- The buy-to-let market faces pressures, potentially creating opportunities for around 150,000 first-time buyers.