
If the AI boom turns, will UK mortgages feel it like 2008?
At the 2007 peak, half the money lent on UK homes had no evidenced income. The lending that broke then has largely gone, so if the AI boom turns, the pressure would arrive another way.
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At the 2007 peak, half the money lent on UK homes had no evidenced income. The lending that broke then has largely gone, so if the AI boom turns, the pressure would arrive another way.
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Eighteen months ago, Together Money published a five-year outlook for the specialist lending market, built around analysis from Rob Thomas, a former Bank of England