Mortgage availability expected to increase

MORTGAGE availability is expected to edge up over the three months to the end of February, according to a Bank of England survey of lenders.

- 

Banks and building societies also reported that mortgage availability to households had increased in the three months to the end of November 2025.

But lenders also reported that demand for mortgage lending among home buyers fell in the final quarter of 2025 - and was expected to fall in the first quarter of 2026.

Remortgaging demand was unchanged in the last few months of 2025 and was expected to increase in early 2026.

Lenders also reported that default rates on mortgages to households fell in the final months of 2025 and were also expected to decrease in early 2026, the Money and Credit report said.