KPMG UK has indicated that the latest Bank of England data on money and credit for April 2026 reveals a nuanced picture of household borrowing trends, with mortgage activity highlighting both resilience in parts of the housing market and growing pressures on affordability. KPMG UK added that net mortgage borrowing by individuals fell notably to £4.4 billion, down from £6.8 billion the previous month and below the six-month average of £5.1 billion. This decline comes
KPMG UK has indicated that the latest Bank of England data on money and credit for April 2026 reveals a nuanced picture of household borrowing trends, with mortgage activity highlighting both resilience in parts of the housing market and growing pressures on affordability. KPMG UK added that net mortgage borrowing by individuals fell notably to £4.4 billion, down from £6.8 billion the previous month and below the six-month average of £5.1 billion. This decline comes
KPMG UK has indicated that the latest Bank of England data on money and credit for April 2026 reveals a nuanced picture of household borrowing trends, with mortgage activity highlighting both resilience in parts of the housing market and growing pressures on affordability. KPMG UK added that net mortgage borrowing by individuals fell notably to £4.4 billion, down from £6.8 billion the previous month and below the six-month average of £5.1 billion. This decline comes
