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September 2016

Evolution of mortgage loans production in Europe: plummeted in the UK after Brexit vote vs. thriving in other countries thanks to decreasing rates

In the UK, new home loans hit an 18 month low, presumably as a consequence of fears generated after the Brexit vote. However, prices seem to stay stable in pounds.

Most EU countries undergo the opposite situation as interest rates keep on decreasing, which favors remortgaging and increases the borrowing capacity of new buyers.