UK lenders see mortgage demand falling in early 2026

LONDON, UK: British banks are bracing for a slowdown in borrowing at the start of 2026, with lenders expecting weaker demand for mortgages after activity softened toward the end of last year, a survey by the Bank of England showed on January 15.

According to the central bank's quarterly Credit Conditions Survey, mortgage demand is expected to fall in early 2026 following a decline in the final months of 20