UK Finance released its Household Finance Review for Q3 2024, which explores trends in household spending, saving, and borrowing. According to the update from UK Finance, mortgage lending grew for the second successive quarter, rising by “15 per cent year-on-year, despite the continuing affordability challenges facing first-time buyers.” Household savings continued to grow in Q3, driven by an “8.5 per cent rise in deposits in notice accounts since the end of 2023.” UK Finance further
UK Finance released its Household Finance Review for Q3 2024, which explores trends in household spending, saving, and borrowing. According to the update from UK Finance, mortgage lending grew for the second successive quarter, rising by “15 per cent year-on-year, despite the continuing affordability challenges facing first-time buyers.” Household savings continued to grow in Q3, driven by an “8.5 per cent rise in deposits in notice accounts since the end of 2023.” UK Finance further
UK Finance released its Household Finance Review for Q3 2024, which explores trends in household spending, saving, and borrowing. According to the update from UK Finance, mortgage lending grew for the second successive quarter, rising by “15 per cent year-on-year, despite the continuing affordability challenges facing first-time buyers.” Household savings continued to grow in Q3, driven by an “8.5 per cent rise in deposits in notice accounts since the end of 2023.” UK Finance further
