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Movera comment on inflation
20 August 2025
Nick Hale, CEO of Movera, said:
“It’s not all doom and gloom for those looking to enter the housing market – or, indeed, for those on tracker mortgages. Given the FCA’s recent decision to negate the need for a full affordability assessment when reducing the term of a mortgage, we do still expect to see growth. But this may be short lived as the news today makes a further interest rate cut this year unlikely.
“As progress hangs in the balance, this is the ideal opportunity to refine processes and increase digitalisation. When the market picks up and volumes rise, resilience and capacity will be key.”
