Essentially Mortgages Magazine Q1 2023

Our first quarter Mortgage Magazine for 2023 is now available

Contents:

• 2023 Outlook for housing and mortgages: The housing and mortgage markets have had a stormy 2022. Will the weather be set fairer for 2023?
• More choose to downsize: After the pandemicinduced ‘race for space’, downsizing seems set to be the trend of 2023, according to a new survey2 that reveals three in 10 homeowners are considering saving money by moving to a smaller property, relocating or living with others.
• Get protected for 2023: At the start of a new year, it’s a great time to make sure your finances are in order. A key consideration for your 2023 financial checklist is protection.
• Cost of living shapes equity release: As more older homeowners choose to release equity in response to cost-of-living concerns, the sector is expected to keep increasing in the coming years.
• Renters boost resilience with income protection: Almost three quarters of private renters do not hold any protection products…
• Boom time for buy-to-lets: Buy-to-let (BTL) lending remains strong as we head into 2023, with more than half of existing property investors planning to invest more into housing in the new year.
• Green mortgages – still a mystery: As the UK economy moves towards being a net-zero emitter by 2050, the impact of the housing sector moves further into the spotlight. But do homebuyers know (and care) about green mortgages?

Essentially Mortgages Magazine Q1 2023