Abstract
Introduction
At the end of 2006, the future of the UK sub-prime mortgage market looked
bright. Once a small niche with somewhat of a tainted reputation, this sector
had expanded significantly over the last decade. However, things have changed
dramatically since the advent of the credit crunch, with sub-prime mortgage
lending shrinking dramatically and lenders shying away from the market.
Scope
*Sizes the UK sub-prime mortgage market and presents scenario-based five year
forecasts.
*Sizes the non-standard and sub-prime mortgage populations.
*Analyzes the current state of the market and its future prospects.
Highlights
Extraordinary market conditions have meant that robust demand-led factors such
as an increase in the sub-prime population were unable to exert a positive
pressure on sub-prime mortgage lending in 2007, as the downfall of the sector
is primarily due to supply-led factors.
In the last couple of years, an increasing number of specialist lenders were
staying clear of the heavy end of sub-prime lending due to the increased
riskiness of this sector in the rising consumer debt environment. The
liquidity squeeze has accentuated this trend, with lenders also leaving the
medium adverse sector.
From being a maturing sector with fewer opportunities, the sub-prime mortgage
market has reverted to being a small niche segment with attractive
prospects.
Reasons to Purchase
*Understand the changes occurring in this market and review your strategies
accordingly.
*Draw on Datamonitor' s five-year scenario-based forecasts to plan your future
strategy with confidence.
| 
View Cart
