Spring Statement must build on improving economy: OPINION

Spring Statement must build on improving economy: OPINION


Todays other news

Remortgages continue to drive lending growth

Twenty7tec reports a 37% annual surge in remortgage searches, while...

Biggest annual house price fall in 3 years

Lloyds reports a 1.2% yearly decline in UK property values,...

FTBs in top LTI bracket double since lending rules relaxed

Stonebridge reports a 142% surge in high loan-to-income mortgages as...

Rising mortgage rates weighing on UK housing market

Falling house prices, fewer mortgage approvals and higher borrowing costs...

Prices may rise if buyers borrow more

BestAgent warns that relaxing mortgage lending limits could inflate house...
Big Ben clock tower with UK flag overlay for UK news.
Big Ben clock tower with UK flag overlay for UK news.

After a defining year of cautious optimism, the 2026 economic landscape is starting to show the fruits of stability.

With inflation easing and the base rate currently sitting at 3.75%, the property market is finely balanced and highly responsive to the right signals.

Advertisement

The spring forecast represents more than a fiscal update, it is an opportunity to support a market that demands speed, flexibility, and responsiveness.

Advertisement

The most impactful outcome would be a credible path to lower borrowing costs. While the Bank of England is independent, fiscal discipline creates the conditions for rates to fall.

Every point cut in the base rate matters enormously to those on tracker and variable-rate mortgages.

In addition to rate stability, we hope to see targeted schemes to assist those facing genuine cost pressures and threshold reviews that ensure that support mechanisms reflect 2026 property values, particularly in high-growth areas.

The aspiration to own a home remains as strong as ever, but what has changed in recent years is the belief that this dream is achievable.

For many, both young and old, homeownership feels theoretical and perpetually out of reach. We would welcome a meaningful look at practices that reflect current market realities for first-time buyers.

Advertisement

The government should work alongside specialist providers to expand access, rather than relying solely on the high street to deliver for all.

The specialist sector is the engine room of the property market, and it functions best when broader factors such as rates, taxation and regulation are supportive.

Lower interest rates reduce the cost of short-term borrowing, making specialist finance accessible to a wider pool of investors.

Sensible stamp duty policy means deals that make economic sense get done, rather than being strangled by transaction costs. A clear, regulatory framework means lenders can be innovative without being reckless.

We are proud to operate in the part of the market that moves fast and regardless of what comes out of the spring forecast, we will continue to do what we can to support the market.

Tomer Aboody is director of specialist lender MT Finance

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Introducer Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
Recommended for you
Related Articles
Group of professionals applauding at a rooftop event.

Keystone’s Phil Riches to retire after 50-year career

Phil Riches prepares to leave Keystone Property Finance after 14...
Three hands connecting puzzle pieces on wooden table for teamwork.

New investment advisory firm launches

DG Capital Partners launches to connect UK developers and investors...
Brokers angry at lenders’ “brutal” buy to let arrangement fees

Landlord exodus from buy to let slows as reform deadline nears

Goodlord gathered views of over 1,200 landlords based across the...
Warning of UK developers edging towards receivership 

House-building shock as construction sector “collapses” say experts

Glenigan's April Construction Index shows work starting on-site declined by...

Interest rate threat and mortgage affordability cause market to stagnate

Higher mortgage costs and economic uncertainty are expected to keep...

Mortgage shock ahead as rates set to rise

Major lenders reprice deals as swap rates climb, adding further...

More mortgage rate misery to come

Rising swap rates are pushing lenders to reprice fixed deals,...
Recommended for you
Latest Features

Remortgages continue to drive lending growth

Twenty7tec reports a 37% annual surge in remortgage searches, while...

Biggest annual house price fall in 3 years

Lloyds reports a 1.2% yearly decline in UK property values,...

FTBs in top LTI bracket double since lending rules relaxed

Stonebridge reports a 142% surge in high loan-to-income mortgages as...
Sponsored Content

95% LTV Second Charge Mortgages, NO ERC’s and Fixed Rates starting from 3.65%

Historically second charge mortgages or secured loans as they are...

One low rate

Lenders must say what they mean and mean what they...

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.