5 Fact Friday 12 April

5FF April 12th

FCA: 7.4m struggling to make payments

https://www.financialreporter.co.uk/fca-introduces-new-rules-for-mortgage-lenders-as-74m-still-struggling-to-meet-payments.html

Download: RICS March Survey – House Price Survey Balance -4% reflecting slightly negative but stable picture

https://www.rics.org/content/dam/ricsglobal/documents/market-surveys/uk-residential-market-survey/March_2024_RICS_UK_Residential_Market_Survey.pdf

Bank of England Credit Survey – Defaults expected to increase

https://www.bankofengland.co.uk/credit-conditions-survey/2024/2024-q1

Halifax HPI down -1%

https://www.halifax.co.uk/media-centre/house-price-index.html

https://www.halifax.co.uk/assets/pdf/march-2024-halifax-house-price-index.pdf

Feb GDP up 0.1%

https://www.ons.gov.uk/economy/grossdomesticproductgdp/bulletins/gdpmonthlyestimateuk/february2024

Use my First Time Buyer Email Offer Template here: https://mhwc.co.uk/suggested-email-template-for-first-time-buyers-making-an-offer-with-a-mortgage/