Daily Archives: October 1, 2019


01

Oct 2019

Mortgage Holders Borrow over £180 billion.

Over £180 billion borrowed in 2018, by mortgage holders with a 2.8% rise expected in 2019 Existing homeowners borrowed over £180 billion in 2018 secured on their homes, representing almost 900,000 mortgages/loans. The amount borrowed rose by 5.6% in 2018, mainly reflecting a sharp rise in remortgaging and lifetime mortgage activity, with the number of mortgage advances growing by 5.2%.  In 2019, IRN Research anticipates...

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