DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/620165/uk_mortgage_market) has announced the addition of the "UK Mortgage Market Map 2010" report to their offering.
2010 proved to be another extremely tough year for the UK mortgage market. Overall gross lending is unlikely to end the year any higher than in 2009, itself a very lean year by recent standards. However, some niche sectors have proved more resilient than others and are likely to exhibit strong growth in coming years. This product examines each sector in turn and provides growth forecasts
Scope
- Provides details of historic gross advances across a range of specialist mortgage sectors and product types
- Estimates future gross advances for each product line over a five year period, modelled across three different scenarios
- Details how sectors will perform relative to one another in terms of market share
Highlights
- Buy-to-let lending will enjoy significant growth up to 2014 as providers start to return. The market will be buoyed by rising rental yields, and landlords will seek to expand their portfolios to meet rising demand from growing numbers of tenants
- Sharia-compliant mortgages are another product that will enjoy rapid expansion. The main UK lenders have resolved their funding issues, and are now looking to tap previously overlooked sections of the Muslim population. Demand will rise, in part due to growing awareness and knowledge of Islamic finance among Muslims
- Self-cert and sub-prime loans were the two product types to see the biggest falls during 2005-09, due to lenders exiting the market and regulatory restrictions. Neither product is likely to play a meaningful part in the mortgage market in the foreseeable future
Reasons to Purchase
- Obtain detailed lending data and forecasts for all the key specialist mortgage sectors in the UK
- Identify which sectors offer the greatest opportunities for expansion over the next five years
- Analyze the performance of each sector in terms of absolute lending and market share
For more information visit http://www.researchandmarkets.com/research/620165/uk_mortgage_market
Source: Datamonitor