Growth Series Live: UK Economy - Changing World

In our latest Growth Series Live session, Iain Cunningham, Strategic Partnerships & Propositions Manager at Accord Mortgages, was joined by Max Shepherd, Group Economist at Yorkshire Building Society and Accord Mortgages, to explore how recent economic shifts are likely to influence the mortgage market. 

Max explored the economic forces shaping today’s mortgage landscape, linking growth, inflation and interest rates to real-world lending conditions. He highlighted shifts in the labour market and housing sector that are influencing affordability, and pointed to external risks - like US tariffs - that brokers should keep on their radar when advising clients.

Throughout the session, Max shared valuable insights into the current state of the UK economy, including inflation trends, interest rate movements and overall growth prospects. He also explored developments in the labour market and housing sector, highlighting how these areas are shaping affordability and lending conditions.

A recurring theme was the resilience of the housing market amid economic uncertainty and the potential implications of external factors such as US tariffs. One topic that arose post-session was the idea of a wealth tax. Although it wasn’t discussed during the live Q&A, Max later noted that while such a measure is possible in theory, it’s unlikely to feature in the Autumn Statement due to practical concerns around implementation. A more viable alternative could be a reform of council tax to better reflect current property values.

If you weren’t able to attend or would like to revisit the discussion, you can watch the full session below:

Attending our Growth Series Live events are a great way to gain first-hand insight from industry experts and participate in exclusive Q&A sessions.

Keep an eye on your inbox for invites to future sessions, and if there are topics you’d like us to explore, we’d love to hear from you.

For more insights on all things mortgage broking, browse some related resources below:

• The Future of Commercial Lending
• Glossary of Economic Terms
• Building Financial Security: Tips for Mortgage Brokers