Bank of England’s Credit Conditions Survey: household demand for mortgages fell in Q4 to its lowest level since the third quarter of 2008

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6 January 2015

Bank of England’s Credit Conditions Survey: household demand for mortgages fell in Q4 to its lowest level since the third quarter of 2008

The Bank of England released its Credit Conditions Survey on Tuesday. The survey reported that household demand for mortgages fell in Q4 to its lowest level since the third quarter of 2008. Lenders expected an increase in mortgage demand.

Demand for credit card lending rose significantly in Q4 to its highest level of yearly 2007.

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