Growth Series Live: How the budget impacts the UK economy

Added 28/11/24 - 1 min read

In our recent Growth Series Live webinar, Max Shepherd, Group Economist at YBS and Accord Mortgages, joined Iain Cunningham, Corporate Account Manager to explore how the latest budget and broader economic trends are shaping the UK market.

Max shared his insights and expertise on many issues currently facing mortgage brokers, including:

The UK’s recovery from the technical recession in 2023
Inflation trends and their impact on the housing market
Mortgage rates, supply and demand dynamics and affordability
The potential effects of the general election on brokers and clients.

Two polls were run during the event, with 64% not sure about how the autumn statement effects the mortgage market, and 77% thinking that gross mortgage lending will be higher in 2025.

Iain and Max explore these topics further in our Growth Series Live webinar, as well as answering questions from attendees about enhancing their customer experience.

Max, who you may know from his regular Economics 101 blog in the Growth Series, also answered several questions around government support for first-time buyers and potential new schemes, the role of interest-only offers in keeping arrears down and the expectations for interest and mortgage rates in the next 12 months.

Of course, you might not have been able to join the live webinar, or perhaps you’ve only recently discovered the Growth Series. If that’s the case, you can watch a recording of the presentation below:

Don’t forget, by attending our events on the day, you’ll have the opportunity to join in on exclusive Q&A sessions.

Keep an eye on your inbox for upcoming event invites! In addition, if you have any ideas for events you’d like to see us host, don’t hesitate to share them with us.