Levenshulme and Burnage Property News
Top ten mortgage lenders
The UK's top ten mortgage lenders lent an eye-watering £260 billion in 2021, increasing their market share to 84.4%, up from 82.4% in 2019 (data released in August 2022, UK Finance).
The top 4 lenders retain their rankings with Lloyds Bank in first place followed by NatWest, Nationwide and Santander, with no new entrants to the Top 10 (UK Finance).
Buy-to-Let lending accounted for 16% of all lending in 2021, no change from previous year (UK Finance).
Of over 5,500 landlords surveyed in May 2022, only 13% expected their portfolio to decrease over the next 1–2 years. 69% anticipated no change and 18% saw it increasing (Property Academy).
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About The Blog
This Blog looks at what is happening in Manchester, the property market, events and community news along with investment ideas and tips for those loosing to invest in the area.
Tom Simper - Editor
Manchester is one of the fastest growing markets in the country. If you need any assistance buying, selling or letting properties in the area we have over 30 years of experience and local knowledge to help.
T: 0161 441 0563
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