UK Self-Certification Mortgage Market to Fare Better Than the Retail Mortgage Market

Business Wire, Nov 23, 2005

DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c28057) has announced the addition of UK Self-Certification Mortgages 2005 to their offering.

The existence and purpose of self-certification mortgages have often been questioned by the industry. Despite attracting some bad publicity in 2003, self-certification mortgages remain popular. In 2004, the market was valued at GBP 12.3 billion. What does the future hold for this sector, given

the uncertainty surrounding the mortgage market as a whole? This brief provides the answer.

Scope

--Analyses market trends in the self-certification mortgage markets.

--Sizes the self-certification mortgage market in terms of gross advances.

--Examines the competitive structure of the market and looks at how the competitive environment has evolved over the past five years.

--Provides a five-year forecast for self-certification mortgages.

Highlights

The growth in the self-certification market was blamed for the house price inflation witnessed in the last couple of years. Many industry analysts predicted a slowdown, which did not happen, and critics were quick to criticize the growth of self-certification as the cause.

Given that the trend in the self-certification mortgage market generally mirrors the UK mortgage market, it is expected that growth in this specialist area will slow down further in 2005. However, it is likely that the self-certification mortgage market will fare better than the retail mortgage market, as there is still a potential for growth.

GMAC-RFC is one lender that has announced its intention of leading the self-certification mortgage market. The lender has introduced more products tailored to brokers demand and is backing its online system to increase business.

Reasons to Purchase

--Gives you a competitive edge by providing you with a thorough analysis of the UK self-certification mortgage market.

--Determine the size of the UK self-certification mortgage market for 2004 and who its main players are.

--Draw on Our five-year scenario-based forecasts to plan your future strategy with confidence.

For more information visit http://www.researchandmarkets.com/reports/c28057