While mortgage lending has softened in recent months, housebuilders have fared better, increasing the rate of construction in Q1 – a trend we expect to continue. And, with the first quarter’s economic weakness set to be a one-off and employment at record levels, we think lending will make modest gains over the rest of the year too.
Subscriber content
Read this in full, free
Start a free trial and use one of your 10 free starter credits to unlock this piece.