UK lenders see less mortgage lending ahead - Bank of England survey

Kitco Media
By Reuters
Published:
Updated:
Reuters
LONDON, April 13 (Reuters) - British lenders expect to rein in the supply of mortgage loans in the coming quarter, but increase the supply of consumer credit and corporate loans, a Bank of England survey showed on Thursday. The quarterly Credit Conditions Survey showed rising default rates across mortgages, consumer credit and corporate loans, and lenders expected them to rise further in the second quarter. The survey was conducted between Feb. 27 and March 17. (Reporting by Andy Bruce; Editing by Kate Holton)

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