Mortgage market participants gathered at DealCatalyst’s U.K. Mortgage Finance Conference on 28 September in London to discuss how elevated borrowing costs, persistent housing undersupply, a significant refinancing pipeline, and changing borrower needs are reshaping the UK residential mortgage market. Across the sessions covered in this recap, panellists generally described mortgage performance as resilient, supported by earlier affordability testing and disciplined underwriting. However, uncertain inflation, volatile mortgage pricing, and higher funding costs continue to constrain housing activity, while prompting lenders to remain disciplined on pricing and margins, actively manage hedging, and maintain funding flexibility.
The discussions also highlighted the increasing professionalisation of the buy-to-let (BTL) market, continued development of specialist lending propositions, and greater scrutiny of lender governance, liquidity, and counterparty quality. Refinancing and product…
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