英國的抵押借款市場 2011 是由出版商Datamonitor在2011年12月所出版的。
這份英文市場調查報告書包含Pages: 219 價格從美金5250起跳。
持續低迷中喘於逆境的英國抵押借款（住宅貸款）市場。大型融資專用金融機構的功能仍受制約、拘束冷戰的消費者意識的需求。就算如此、Buy-to-Let（賃貸目的的住宅購買）貸款及高價值貸款等、今後數年間也有穩定的成長部門。
本報告書內容包括:此英國抵押借款市場為焦點、以未來的期待材料及課題開始、市場的趨勢及展望的最新資訊的彙整、內容綱要摘記如下:
概要
2011年的英國抵押借款市場和未來展望
- 依照Datamonitor預測、今後數年間市場的總融資額為低水準
- 透過2010年不順暢會結束商業活動
- 2011年的成長展望也會控制
首次購買客人的機會
- 首次購買客人依然為風險的融資案件、在此提供任何的機會
- 金融業者開設首次的購買客戶支援用戶頭、其服務尚未完全
- 首次購買客人口、在今後數年間痛感條件的嚴苛
英國的高價值抵押借款市場：市場
- 持續成長的高價值抵押借款的潛在市場
- 證明反發力的高價值住宅資產需求
- 高價值總融資額的持續成長有明確的展望
- Datamonitor、在今後5年中預言會有高價值總融資額的高度成長
英國的高價值抵押借款市場：客戶
- 高價值抵押借款供應商的明確展望所代表的是個人富裕層（HNW）消費者
- 獲得融資對象所變更的高收益策略之高水準品牌專利
英國的高價值抵押借款市場：競爭企業
- 民間銀行與大眾市場供應商所使用的融資方法不同
- 多樣的供應商貢獻在個人富裕層的借方中
英國的高價值抵押借款市場：物流與資訊發信
- 英國的個人富裕層、在自我意識下接觸喜好的金融供應商
- 高價值抵押借款中、仲介業者為重要的物流通路
2011年英國抵押借款市場的競爭動態：市場概要
- 大部分最大級企業在總融資額整體的佔有率有微減
- 大型供應商的大部分其貸款餘款有小幅的提升
- 融資専門業者被追到角落中、融資額在銀行的優位仍未改變
- 不確實的規範環境中、金融機構及仲介業者要制定未來的觀點相當的困難
2011年英國抵押借款市場的競爭動態：競爭企業焦點
- 市場佔某種壓倒性位置的英國最大型3家銀行
- 住宅金融組合部門有更強化的體制、抵押借款市場的主角為Nationwide
- 新的及潛在的加入者在抵押借款市場上的成功應感受到其困難度
- 2010年的廣告支出比前年增加、市場競争提示再次開起
- Lloyds Banking Group為、當行儲蓄戶頭與抵押借款的交錯銷售的最強存在
2011年英國抵押借款市場的競爭動態：商品焦點
- 平均抵押借款利率在2009年以後有下降的傾向
- 某種程度的技術創新也對、很多傳統方法來說是單純的改變
- 初次購買的客戶市場有稍稍回歸的金融業者
2011年的BUY-TO-LET抵押借款與租賃部門
- BUY-TO-LET融資在整體今後數年間會比高於前年的實績
- BUY-TO-LET市場的回復在2010年開始
- 更加刺激化的BUY-TO-LET抵押借款供應商之間的競爭
- 個人租賃部門維持穩定
附錄
圖表
Description
INTRODUCTION
The downturn continues to have an adverse effect on the UK mortgage market. The ability of providers to significantly expand lending remains constrained, and poor consumer confidence has restricted demand. Nevertheless, some sectors, such as buy-to-let and high value loans, are set to outperform the market over the next few years.
FEATURES AND BENEFITS
- Combines all Datamonitor's mortgage research conducted in 2011 into one document.
- Provides market sizing data, market shares, key trends, and detailed analysis of the buy-to-let and high value loans sectors.
- Includes detailed qualitative opinion and quantitative forecasts of the UK mortgage market for the next five years.
HIGHLIGHTS
- Gross advances across the market will decline in 2012 to £127bn before recovering to £182bn by 2015.
- Buy-to-let gross advances grew by 22% in 2010 to reach £10.4bn, and are forecast to reach £22.0bn by 2015, exhibiting a much faster rate of growth than the mortgage market as whole. Buy-to-let's share of lending rose from a low of 5.4% in 2009 Q3 to 10.4% in 2011 Q2, and will rise further in response to growing consumer demand.
- Lloyds Banking Group saw the largest decrease in its share of gross lending while Barclays Group saw the largest increase, helped by its purchase of Standard Life's mortgage arm. Yorkshire Building Society also saw a large increase in its gross lending, driven by some competitive offers.
YOUR KEY QUESTIONS ANSWERED
- What issues are going to hold back the mortgage market in coming years?
- Why have some lenders been markedly more successful at growing their mortgage business than others?
- What factors will drive the expansion in buy-to-let and high value lending over the next few years?
TOC
OVERVIEW
UK MORTGAGE MARKET IN 2011 AND FUTURE OUTLOOK
- Datamonitor forecasts a lean market for gross lending over the next five years
- Gross lending will rise to just £182bn by 2015
- Under the optimistic scenario, gross lending will reach £220bn in 2015
- The pessimistic forecast sees gross lending falling to £131bn by 2015
- Business activity was sluggish throughout 2010
- Gross lending in 2010 did not improve on the levels seen in 2009
- The fragile state of the UK economy has held back consumer demand for mortgages
- Remortgaging levels remained depressed throughout 2010
- Mortgage interest rates barely shifted in 2010
- House purchase activity appears to have bottomed out
- Credit availability has stabilized, but not yet begun to recover
- The post-crash recovery in house prices ended in early 2010
- Arrears and possessions declined in 2010
- Uncertainty surrounded progress on the Mortgage Market Review in 2010
- Prospects for growth in 2011 are subdued
- Mortgage lending got off to a slow start in 2011
- Datamonitor expects the base rate to end the year at 1%
- House prices are likely to remain flat at best in 2011
- Funding issues will become more pressing as the year progresses
- Poor availability of high LTV mortgages will continue to hinder first-time buyers
- Arrears and possessions may rise slightly in 2011
- Buy-to-let is the only major sector of the market that will see significant growth in 2011
FIRST-TIME BUYER OPPORTUNITIES
- First-time buyers remain a risky proposition for lenders but they provide some opportunities
- The first-time buyer market remains subdued and is continuing to struggle in the current environment
- A large proportion of 18-34 year olds require help with their deposit
- Older mortgage holders are more likely to pay the standard variable rate on their mortgage
- Consumers in the youngest age bands present the greatest repayment risk for financial institutions
- Nevertheless, there are opportunities for first-time buyers as mortgage affordability has reached a 12-year high
- There are regional discrepancies, with those in the north requiring a smaller deposit
- Market share discrepancies illustrate that some lenders are making more of an effort to target young buyers
- Lenders are introducing accounts to help first-time buyers, but they remain underserved
- Lenders are offering 95% mortgages but they are few and far between
- Lenders are offering borrowers the chance to increase their deposit with outside help
- Regulation is altering the landscape for first-time buyers
- A report by the Independent Commission on Banking may result in a small increase in mortgage rates
- The DP11 consultation is considering a more intrusive and pre-emptive approach
- The government's new FirstBuy Direct scheme may further exacerbate the problem
- Tougher affordability requirements are likely to impede lending to first-time buyers
- The first-time buyer population will find conditions difficult over the next few years
- First-time buyers are likely to fall as a proportion of the overall mortgage market
- Growth in shared equity and shared ownership will be aided by innovation
- House price uncertainty will act as another impediment to the first-time buyer market
THE HIGH VALUE MORTGAGE MARKET IN THE UK: MARKET
- The potential market for high value mortgages continues to grow
- The number of individuals with incomes in excess of £100,000 has returned to growth
- There has been a huge increase in the number of consumers with assets of £300,000 or more
- Around a fifth of eligible consumers currently have a high value mortgage
- Demand for high value residential property has proved resilient
- Overseas buyers helped to drive a significant recovery in high value property sales in 2010
- Growth in high value property sales has outstripped the general market in recent years
- Prices in parts of London have resisted the falls seen in the wider property market
- Prospects are good for continued growth in high value gross lending
- Gross advances in the high value mortgage market grew strongly in 2010
- High value loans are accounting for an increasing share of the overall mortgage market
- Datamonitor predicts strong growth in high value gross lending over the next five years
- Datamonitor expects high value gross advances to rise to £38.4bn by 2015 under its neutral forecast
- The optimistic forecast sees high value gross lending reaching £45.9bn by 2015
- The pessimistic forecast predicts high value gross lending of £28.3bn by 2015
THE HIGH VALUE MORTGAGE MARKET IN THE UK: CUSTOMERS
- HNW consumers represent a good prospect for high value mortgage providers
- Only a small proportion of HNW consumers are young enough for a mortgage
- A high reliance on regular income should make mortgage provision relatively straightforward
- Most HNW assets are held in easily liquidated assets which can be used as security for mortgages
- HNW client demand for mortgage provision is high relative to other credit products
- HNW consumers increasingly view mortgages as a fully integrated part of their finances
- A high level of brand loyalty makes the acquisition of borrowers a profitable strategy
- HNW clients in the UK exhibit higher-than-average loyalty to their financial providers
- HNW consumers in the UK are extremely likely to concentrate their portfolio in the hands of one manager
- Consumer research suggests that HNW individuals are more optimistic than the rest of the population
THE HIGH VALUE MORTGAGE MARKET IN THE UK: COMPETITORS
- Private banks and mass market providers employ different approaches towards lending
- Private banks have plenty of experience in serving high net worth borrowers
- Mainstream lenders' high value offerings are less well developed at present
- There is scope for lenders to bridge the gap between private banks and mainstream providers
- A diverse range of providers is now serving HNW borrowers
- Bank of China is capitalizing on the boom in Far Eastern investors
- Barclays Wealth employs a holistic approach towards high value mortgage provision
- Coutts has recently tightened its lending criteria following a period of strong expansion in lending
- HSBC provides customized mortgages to its HNW clients through two outlets
- Lloyds TSB is aiming to improve its high value mortgage offering over the next few years
- Other high street lenders are cautiously beginning to build a presence in the high value market
THE HIGH VALUE MORTGAGE MARKET IN THE UK: DISTRIBUTION AND COMMUNICATION
- UK high net worth consumers prefer contact with financial providers on their own terms
- Most UK HNW consumers desire only annual contact with their providers
- HNW consumers in the UK have a strong preference for face-to-face servicing
- Communication and contact should be tailored to client needs
- Intermediaries are a valuable distribution channel for high value mortgages
- Brokers play an important role in placing HNW clients with providers
- Brokers in the high value market rely on multiple sources for new business
COMPETITIVE DYNAMICS IN THE UK MORTGAGE MARKET 2011: MARKET OVERVIEW
- The majority of the largest players saw a modest decline in their overall share of gross lending
- Lloyds Banking Group maintained its position as the largest lender in 2010, with Santander holding onto second spot
- Barclays has grown its market share through a competitive offering
- Nationwide saw a negligible rise in gross lending, while HSBC and RBS saw small declines
- The majority of large providers saw a small rise in their outstanding mortgage balances
- Lloyds Banking Group saw outstanding balances fall to £341.1bn, while Nationwide also saw a drop
- Santander, Barclays, RBS, and HSBC all grew their outstanding balances in 2010
- Banks continue to dominate lending, with specialist lenders marginalized
- Banks continue to dominate gross lending in the mortgage market
- Outstanding balances have grown considerably among banks
- Intermediaries have seen their share of mortgage lending decline over the last three years
- An uncertain regulatory environment makes it difficult for lenders and intermediaries to focus on the future
- The Mortgage Market Review remains a source of uncertainty for the industry
- Buy-to-let coming under the auspices of the FSA could alter the landscape in the market
COMPETITIVE DYNAMICS IN THE UK MORTGAGE MARKET 2011: COMPETITOR FOCUS
- The UK's five largest banks are fairly dominant in the market
- Lloyds Banking Group remains the market leader in mortgages
- Santander is in a strong position to grow market share over the next year
- RBS has sought to maintain its lending levels
- The acquisition of Standard Life's retail business and a strong product offering boosted Barclays' market share
- HSBC managed to hold onto the gains in market share that it made during the financial crisis
- The building society sector has seen further consolidation, but Nationwide remains a key player in the mortgage market
- Nationwide Building Society saw its share of lending grow in 2010
- Yorkshire Building Society has been actively boosting its competitive edge
- Coventry Building Society has launched capped tracker mortgages
- New and potential entrants will find it difficult to make a big splash in the mortgage market
- Precise Mortgages initially launched in the buy-to-let market
- Aldermore, NBNK, and Metro remain small players in the mortgage arena
- Castle Trust is looking to offer a mortgage to encourage consumers with a smaller deposit
- Tesco's entry into the mortgage market continues to suffer setbacks
- Virgin Money's mortgage presence would be boosted through the acquisition of Lloyds' branch network
- Portillion has suffered delays as it awaits FSA approval
- Advertising expenditure saw growth in 2010, indicating the return of competition to the market
- The impact of the credit crunch saw mortgage advertising fall heavily between 2007 and 2010
- Lloyds Banking Group leads in terms of mortgage advertising expenditure
- Mortgage providers are keen to illustrate the success of their products at picking up awards
- Lloyds Banking Group is strongest at cross-selling current accounts and mortgages
- NatWest has the highest proportion of borrowers in the under-35 age band
- Banks rely on building up relationships through cross-selling in order to boost profits
- Around 15% of First Direct customers switched their mortgage from a different lender
- Direct remains the most popular channel for most providers except Northern Rock
COMPETITIVE DYNAMICS IN THE UK MORTGAGE MARKET 2011: PRODUCT FOCUS
- Average mortgage rates have generally trended downwards since 2009
- Lenders are offering more competitive rates across the market
- There has been some innovation, although much of it is simply a return to previous practices
- Cashback on mortgage deals is becoming more popular
- Drop-lock mortgages provide consumers with more security regarding their monthly payments in an unstable economic environment
- Barclays' Great Escape remortgage product gives borrowers a cheaper way out of an existing deal
- Split mortgage deals allow borrowers to hedge their bets on market developments
- Fee-free mortgages are making a comeback
- Capped tracker mortgages remain a niche product
- Lenders are slowly returning to the first-time buyer market
- The number of mortgage deals is increasing
- First-time buyer mortgages are becoming more prevalent
- Lenders are offering borrowers the chance to increase their deposit with outside help
BUY-TO-LET MORTGAGES AND THE RENTAL SECTOR 2011
- Buy-to-let lending will outpace overall lending over the next few years
- Datamonitor expects BTL gross lending to rise to £22bn by 2015
- The optimistic scenario assumes that BTL lending will achieve £28.6bn by 2015
- The pessimistic forecast envisages BTL lending rising to a relatively modest £14.4bn by 2015
- The BTL market started to recover in 2010
- BTL lending began to rise in 2010
- BTL gross lending increased steadily over the course of 2010
- The BTL sector is becoming an increasingly important part of the mortgage market
- The Bank of England reports strongly rising demand for BTL financing from Q3 2010 onwards
- Arrears and possessions on BTL loans seem to be under control
- Intermediaries are relatively optimistic about sales prospects for BTL mortgages
- Competition is slowly increasing among BTL mortgage providers
- The number of BTL products is steadily growing
- The number of BTL providers is on the rise
- Lending spreads on BTL mortgages are falling as competition increases
- Changes in product structure and pricing point to a more competitive landscape
- Restrictions and caps on lending could hit larger landlords
- BTL marketing expenditure remains at negligible levels
- The future shape of regulation of the BTL mortgage market is still undecided
- The private rented sector is in robust shape
- Landlords are increasing their exposure to the property market
- More landlords expect to buy rather than sell properties over the next 12 months
- Prospective first-time buyers are finding it difficult to enter the market
- Demand for rental property is high and growing
- The financial returns from BTL investment look increasingly attractive
APPENDIX
- Supplementary data: UK Mortgage Market in 2011 and Future Outlook
- Supplementary data: First-Time Buyer Opportunities
- Supplementary data: The High Value Mortgage Market in the UK
- Supplementary data: Competitive Dynamics in the UK Mortgage Market 2011
- Supplementary data: Buy-to-Let Mortgages and the Rental Sector 2011
- Definitions
- Bank of England base rate
- Buy-to-let
CAGR
- Equity release
- Gross advances
- Loan-to-value (LTV)
- Remortgaging
RMBS
- Methodology
- Overall methodology
- Forecasting methodology
- Sizing the high value mortgage market
- Global Wealth Managers Survey 2011
- Global Wealth Model methodology
- Secondary sources
- Further reading
- Ask the analyst
- Disclaimer
TABLES
- Table: Forecast gross advances (£m) under the Datamonitor view, 2011-15
- Table: Forecast gross advances (£m) under the optimistic view, 2011-15
- Table: Forecast gross advances (£m) under the pessimistic view, 2011-15
- Table: Proportion of eligible individuals with a high value mortgage, 2005-10
- Table: Forecast high value gross advances for house purchases and remortgages (£m), 2010-15f
- Table: Far Eastern investors are the biggest spenders in the prime London property market
- Table: Forecast BTL gross advances under the neutral view (£m), 2010-15f
- Table: Forecast BTL gross advances under the optimistic view (£m), 2010-15f
- Table: Forecast BTL gross advances under the pessimistic view (£m), 2010-15f
- Table: BTL lenders listed by Moneyfacts, July 2011
- Table: Lowest quoted variable rates over two years offered by the main BTL lenders, December 2009 to June 2011
- Table: Maximum quoted LTVs offered by the main BTL lenders, December 2009 to June 2011
- Table: Lowest quoted fees charged by the main BTL lenders, December 2009 to June 2011
- Table: Minimum advances set by the main BTL lenders, December 2009 to June 2011
- Table: Maximum portfolios allowed by the main BTL lenders, December 2009 to June 2011
- Table: Maximum total advances allowed by the main BTL lenders, December 2009 to June 2011
- Table: Annual gross lending (£m), 2003-10
- Table: Monthly gross lending (£m), 2007-10
- Table: Nationwide Consumer Confidence Index, January 2007 to January 2011
- Table: Net percentage balance of lenders reporting increase in consumer demand for prime lending (%), Q2 2007-Q4 2010
- Table: Monthly gross advances by type of lending (£m), January 2007 to December 2010
- Table: Net percentage balance of lenders reporting increase in consumer demand for remortgage credit (%), Q2 2007-Q4 2010
- Table: Average mortgage interest rates (%), January 2007 to January 2011
- Table: Annual gross lending by product line (£m), 2005-10
- Table: Net percentage balance of lenders reporting improvements in credit availability and credit scoring criteria (%), Q2 2007-Q4 2010
- Table: Incidence of arrears and possessions, 2004-10
- Table: Market expectations for base rate as detailed in Bank of England Inflation Report, August 2010 to February 2011
- Table: Annual percentage change in house prices (%), January 2007 to January 2011
- Table: Net percentage balance of lenders reporting that house price expectations have led to improvement in supply of credit (%), Q4 2007-Q4 2010
- Table: Net percentage balance of lenders reporting an increase in high- and low-LTV mortgages (%), Q3 2008-Q4 2010
- Table: Percentage of gross lending carried out at different LTVs (%), Q1 2007-Q3 2010
- Table: Median deposits paid by first-time buyers (£), January 2007 to December 2010
- Table: Number and value (£m) of first-time buyer mortgages, 2006-10
- Table: When you purchased this property, which of the following applied?
- Table: What type of deal is this mortgage?
- Table: Thinking back over the last year, which one of the following best describe the payments on your mortgage?
- Table: Median advance, number of loans, and percentage of loans for first-time buyers, Q1 2004-Q4 2010
- Table: Geographic split for first-time buyers by house price, mortgage, and deposit, December 2010
- Table: Who is the lender of your mortgage?
- Table: Lending to first-time buyers as a percentage of total lending
- Table: Shared ownership and shared equity lending, 2010-14f
- Table: Distribution of assets under management
- Table: Mean rating of efficacy of acquisition channels
- Table: Number of UK individuals with annual income of £100,000 or more, 2005-14f
- Table: Number of UK individuals with liquid assets of £300,000 or more, 2005-14f
- Table: Number of £600,000-plus property sales in England, Wales, and Scotland, 2003-10
- Table: Annual change in number of property sales in England, Wales, and Scotland, 2004-10
- Table: Annual change in UK property prices (%), June 2009 to June 2011
- Table: High value gross advances for house purchases and remortgages in the UK (£m), 2003-10
- Table: High value gross advances as a percentage of total gross advances, 2003-10
- Table: Age distribution of high net worth (HNW) consumers in the UK and Europe
- Table: Sources of HNW consumer wealth in the UK and Europe
- Table: Proportion of wealth managers experiencing high HNW consumer demand for credit products in the UK and Europe
- Table: Rating of client loyalty levels in the UK and Europe
- Table: Percentage of clients holding stated proportion of portfolio with a single manager in the UK and Europe
- Table: UK consumer attitudes towards economic and financial issues
- Table: Frequency of wealth manager contact with HNW clients by channel (UK)
- Table: Frequency of wealth manager contact with HNW clients by channel (Europe)
- Table: HNW consumer channel preference in UK and Europe
- Table: Effectiveness of HNW client acquisition channels
- Table: Top 10 mortgage lenders' share of total gross lending, 2009-10
- Table: Top 10 lenders' share of total balances outstanding, 2009-10
- Table: Gross lending (£m) by type of lender, January 2009 to May 2011
- Table: Balances outstanding (£m) by type of lender, January 2009 to May 2011
- Table: Intermediaries' share of lending, by type of loan, Q1 2008 to Q1 2011
- Table: Number of building societies. 2000-11
- Table: Total UK mortgage advertising expenditure, 2007-10
- Table: Mortgage advertising expenditure (£), by brand, 2010
- Table: Composition of top mortgage brands' customer base (%), by age band, 2011
- Table: Percentage of UK mortgage holders with a current account at the same institution, 2011
- Table: Propensity to switch (%), by brand, 2011
- Table: Channel through which mortgage holders initially approached their mortgage (%), by brand
- Table: Average mortgage rates (%) for different product types, January 2009 to May 2011
- Table: Annual buy-to-let (BTL) gross advances, 1999-2010
- Table: Quarterly BTL gross advances, Q3 2006-Q2 2011
- Table: Changes in gross advances (%) handled by intermediaries between 2009 and 2010
- Table: BTL balances outstanding, 1999-2010
- Table: Quarterly BTL gross advances as a percentage of total gross advances, Q3 2006-Q2 2011
- Table: Net consumer demand for BTL finance (%), Q2 2007-Q2 2011
- Table: Percentage of mortgages more than three months in arrears, H1 2009-H1 2011
- Table: Percentage of mortgages taken into possession, H2 2005-H1 2011
- Table: Sales prospects for mortgages over the next two years (%)
- Table: Net percentage balance of lenders reporting fall in spreads, Q2 2007-Q2 2011
- Table: Percentage of landlords who are buying and selling properties, Q1 2006-Q2 2011
- Table: Median deposits paid by first-time buyers (£), Q1 2006-Q1 2011
- Table: UK tenure rates (%), 2000-09
FIGURES
- Figure: Datamonitor forecasts a modest rise in gross lending, up to £182bn by 2015
- Figure: The optimistic forecast sees gross lending rising to £220bn by 2015
- Figure: Gross lending will fall to £131bn by 2015 under the pessimistic scenario
- Figure: Gross lending was even lower in 2010 than it was in 2009
- Figure: In 2010 monthly gross lending was lower in eight out of 12 months than it was in 2009
- Figure: Consumer confidence drifted downwards over the course of 2010
- Figure: Consumer demand for mainstream mortgages fell throughout 2010
- Figure: Remortgaging showed no signs of recovery in 2010
- Figure: Demand for remortgage credit did not significantly rise in 2010
- Figure: There was little movement in mortgage rates in 2010
- Figure: Advances for house purchase picked up marginally in 2010
- Figure: Mortgage credit availability remained tight in 2010
- Figure: The incidence of both arrears and possessions fell in 2010
- Figure: Market expectations of interest rates have risen sharply in recent months
- Figure: House prices have resumed their downward trend
- Figure: Negative house price expectations are starting to adversely affect the flow of credit
- Figure: Willingness to lend at high LTVs has started to fall once again
- Figure: Lending at 90%+ LTV continues to account for a negligible share of the market
- Figure: Banks continue to demand large deposits from first-time buyers
- Figure: The first-time buyer market shows no signs of emerging from its slump
- Figure: More than half of 18-24 year olds required help with their deposit
- Figure: Younger property owners are more likely to have taken out a fixed rate mortgage
- Figure: First-time buyers are more likely to have fallen behind on their mortgage payments
- Figure: Mortgage holders in the youngest age band are most likely to have a student loan but least likely to have an unsecured personal loan
- Figure: First-time buyers continue to make up around a third of the mortgage market
- Figure: First-time buyers in the North are required to put down a smaller deposit
- Figure: RBS and HSBC have a much larger relative share of the 18-34 year old market
- Figure: Lloyds' website promotes its Lend a Hand mortgage
- Figure: Nationwide promotes the first-time buyer mortgage as one of its special offers
- Figure: First-time buyers are expected to decline as a percentage of total gross lending over the next five years
- Figure: Shared equity is expected to grow strongly between 2010 and 2014
- Figure: Datamonitor expects that nearly 800,000 individuals will have incomes of £100,000 or more by 2014
- Figure: The number of individuals with liquid assets worth £300,000 or more is set for significant growth
- Figure: The number of outstanding high value mortgages has risen only gradually over time
- Figure: The £600,000-plus property market staged a moderate recovery in 2010
- Figure: Growth in high value property sales has outperformed the overall market in recent years
- Figure: Central London prices continue to grow strongly compared to the rest of the country
- Figure: Gross advances on high value mortgages have started to recover
- Figure: High value mortgages are becoming an increasingly significant part of the total market
- Figure: Datamonitor's neutral forecast sees high value gross advances reaching £38.4bn by 2015
- Figure: Just 27% of UK HNW consumers are aged 50 or under
- Figure: Two thirds of wealth accruing to UK HNW consumers is derived from earned income
- Figure: Most wealth is held in assets which can readily be turned into cash
- Figure: HNW consumer demand for mortgages in the UK far outstrips all other credit products
- Figure: Client attitudes and behavior
- Figure: UK consumers are much more likely to keep their wealth with just one manager
- Figure: Original Datamonitor research indicates that HNW consumers are the most optimistic
- Figure: Barclays Wealth sees mortgages as a driver of customer acquisition and relationship-building
- Figure: HSBC's Property Vision service aids HNW clients looking to buy high-end residences
- Figure: Barclays Wealth and Lloyds TSB Private Banking employ different approaches to lending
- Figure: UK HNW consumers have relatively little contact with their providers
- Figure: UK-based HNW clients value face-to-face contact much more highly than online contact
- Figure: Intermediaries are one of the most effective channels of HNW client acquisition in the UK
- Figure: Barclays and Lloyds Banking Group have seen the largest shifts in their market share between 2009 and 2010
- Figure: Lloyds Banking Group remained twice the size of its nearest competitor in the mortgage market in terms of balances outstanding
- Figure: Banks remain dominant but specialist lenders are closing the gap with building societies
- Figure: Balances outstanding reached £850.9bn in May 2011
- Figure: The last quarter saw a slight upturn in intermediaries' fortunes
- Figure: The number of building societies continues to decline, falling to 48 in mid-2011
- Figure: Switch and Fix allows borrowers who fear a rate rise the security of a fixed rate
- Figure: Virgin Money currently has a small mortgage offering
- Figure: Annual advertising dropped by £33.4m between 2007 and 2010
- Figure: Lloyds Banking Group spent more than twice its nearest rival on advertising
- Figure: Lenders are keen to show off their awards for mortgage lending
- Figure: More than half of NatWest's mortgage base is under 35
- Figure: More than four-fifths of Lloyds TSB current account holders also have a mortgage with the bank
- Figure: First Direct is the most attractive for those consumers looking to switch their mortgage
- Figure: Of the banks that also use brokers, RBS customers are most likely to go direct
- Figure: Despite the static base rate there have been rate fluctuations as Libor rates have varied
- Figure: Lloyds' website promotes its Lend a Hand mortgage
- Figure: Nationwide promotes the first-time buyer mortgage as one of its special offers
- Figure: BTL gross advances will reach £22bn by 2015 under the neutral forecast
- Figure: BTL lending will climb to £28.6bn by 2015 under the optimistic forecast
- Figure: BTL lending will rise to £14.4bn by 2015 under the pessimistic outcome
- Figure: BTL gross lending picked up slightly in 2010
- Figure: Quarterly BTL lending is gradually picking up
- Figure: BTL was the strongest mortgage sector in 2010 according to intermediaries
- Figure: BTL outstanding balances continue to increase in size relative to the total market
- Figure: BTL gross lending is growing in significance as a component of total lending
- Figure: Demand for BTL finance is outpacing that for mortgages as a whole
- Figure: Arrears on BTL mortgages have fallen for four successive half-yearly periods
- Figure: The BTL possession rate rose in H1 2011
- Figure: Intermediaries are more optimistic about prospects for BTL mortgages than for other types
- Figure: More lenders have reported falling rather than rising spreads in most periods since late 2009
- Figure: BTL advertising spend remains extremely low
- Figure: A rising proportion of letting agents are seeing landlords buy properties
- Figure: More landlords expect to buy than sell over the next 12 months
- Figure: First-time buyers now have to pay hefty deposits to join the property market
- Figure: A growing proportion of landlords are saying that renting is becoming increasingly popular
- Figure: Property surveyors confirm the increase in tenant demand
- Figure: Three in four letting offices state that the number of tenants exceeds the number of properties
- Figure: The private rented sector is an increasingly important part of the UK's dwelling stock
- Figure: There has been a massive increase in achievable rents since the start of 2010
- Figure: A clear majority of surveyors are seeing rising rents and expect this trend to continue
- Figure: Residential rental yields have risen since 2009
- Figure: Growing numbers of surveyors are seeing rising yields
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