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Mortgage and rental spending up 2% year on year: Barclays – Mortgage Strategy

Summary by Mortgage Strategy
Rent and mortgage spending increased slightly to 2% cent year-on-year in January, according to the latest Barclays Property Insights report. Despite the increase, consumers’ confidence in their ability to afford rent and mortgage payments remained unchanged month-on-month at 52%. Confidence in the UK’s housing market reached a six-month low of 24% as buyers deal with rising housing prices and upcoming stamp duty changes. Just over half of renter…
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Mortgage Strategy broke the news in on Tuesday, February 18, 2025.
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