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UK mortgage lending surges 50.4% as banks shift to direct consumer lending, improving borrower satisfaction.
Major banks are shifting towards direct-to-consumer lending, investing in digital solutions and potentially reducing reliance on mortgage brokers.
This move could offer better pricing for borrowers, though brokers still handle 60-70% of loans.
Meanwhile, mortgage satisfaction reached a five-year high at 4.22 out of 5, with Halifax named the top mainstream lender.
UK mortgage lending surged 50.4% in the first quarter of 2025, driven by rising property prices and a stamp duty holiday.
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Los préstamos hipotecarios del Reino Unido aumentan un 50,4% a medida que los bancos cambian a préstamos directos al consumidor, mejorando la satisfacción de los prestatarios.