Mortgage lending and consumer credit May (Bank of England)
Tomorrow morning (Tuesday 29th) at 09:30, the Bank of England is publishing mortgage lending, mortgage approvals, consumer credit and savings data for May. You can see the April report here.
We want your views on activity and trends in May (and just answer the questions that are relevant to you), e.g.
- In your experience, was the demand for mortgages in May higher than in April or did it tail off as people thought ‘sod it, I’ve missed the 30 June SDLT deadline'?
- Do you expect net mortgage lending to have fallen once again in May (as per April)?
- Did people continue to pay down debt, as has been the case in previous months?
- Did people continue to put money into deposit accounts or did they start to spend in May as pubs and restaurants reopened?
- How healthy is the average household's finances in your opinion (in terms of debt and savings)?
- Do you expect household finances to improve or deteriorate later this year, and why?
As ever, be short and punchy in your alert_responses. Journalists want soundbites not essays.
If you're a Premium user, your alert_responses will be edited to ensure they are as strong as possible and grammatically tight. They'll also go to the top of the viewsWire that is sent to journalists.