Service Industries
United Kingdom (UK) Retail Lending Market Summary, Competitive Analysis and Forecast to 2027
United Kingdom (UK) Retail Lending Market Summary, Competitive Analysis and Forecast to 2027
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United Kingdom (UK) Retail Lending Market Summary, Competitive Analysis and Forecast to 2027
Summary
Retail Lending in the United Kingdom industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key HighlightsThis retail lending market profile covers the mortgage and consumer credit market.The UK retail lending market had total balances outstanding of $2,172.5 billion in 2022, representing a compound annual growth rate (CAGR) of 3.2% between 2017 and 2022.The mortgage credit segment accounted for market's the largest proportion in 2022, with total balances outstanding of $1,995.8 billion, equivalent to 91.9% of the market's overall value.In 2022, the market recorded moderate growth, but it was slightly less than in 2021. This is attributed to relatively low loan affordability stretched by a combination of higher rates and house prices, with the average term for a first-time buyer loan reaching around 31 years.ScopeSave time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the retail lending market in the United KingdomUse the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the retail lending market in the United KingdomLeading company profiles reveal details of key retail lending market players’ global operations and financial performanceAdd weight to presentations and pitches by understanding the future growth prospects of the United Kingdom retail lending market with five year forecasts by both value and volumeReasons to BuyWhat was the size of the United Kingdom retail lending market by value in 2022?What will be the size of the United Kingdom retail lending market in 2027?What factors are affecting the strength of competition in the United Kingdom retail lending market?How has the market performed over the last five years?Who are the top competitors in the United Kingdom's retail lending market?