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flag UK mortgage lending surges 50.4% as banks shift to direct consumer lending, improving borrower satisfaction.

flag Major banks are shifting towards direct-to-consumer lending, investing in digital solutions and potentially reducing reliance on mortgage brokers. flag This move could offer better pricing for borrowers, though brokers still handle 60-70% of loans. flag Meanwhile, mortgage satisfaction reached a five-year high at 4.22 out of 5, with Halifax named the top mainstream lender. flag 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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