Direct Mortgages Market Assessment 2003


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Previewing a Market Assessment

Published Date :
October 2003find similar
Report Type :
Market Assessmentfind similar
Report Sector :
Financial Servicesfind similar
Price :
£ 575
Contents :
14 Chapters

Table of Contents

The table of contents below is for Direct Mortgages 2003

Executive Summary

1. Introduction

Definition

2. Strategic Overview

Market Dynamics And Segmentation

Current Status Of The Market And Consumer Trends

Table: Proportion Of Mortgage Stock Arranged Directly Or Indirectly (%),-2003

Strategic Position

Total Industry Value And Growth

Table: The Uk Mortgage Market By Gross Lending (£m), Second Quarter-first Quarter

Figure: The Uk Mortgage Market By Gross Lending (£m), Second Quarter-first Quarter

Table: The Uk Mortgage Market By Balances Outstanding And Approvals (£m And %),-2002

Figure: The Uk Mortgage Market By Balances Outstanding (£m),-2002

Market Segmentation

Table: Mortgage Lending By Repayment Method By Type Of Advance (% Of Loans), First Quarter

Figure: Mortgage Lending By Repayment Method By All Types Of Advance (% Of Loans), First Quarter

Channel Mix

Table: Estimated Percentage Of Lenders By Number Of Distribution Channels (number And %),

Competitive Structure

Table: Top Mortgage Lenders By Rank By Gross Mortgage Lending And Market Share (£bn And %),

Advertising

Table: Main Media Advertising Expenditure On All Mortgages By Company (£000 And %), Years Ending June And

The Consumer

Unemployment And Earnings

Table: Uk Claimant Unemployment And Average Earnings Growth Rate (%),-2003

Prices, Interest Rates And Savings

Table: Retail Price Index (1987=100 And %),-2002

Table: Uk Base Rate, Savings Ratio, Equity Price Index And House Price Index (%), Fourth Quarter-2003

Demographics

Table: Number Of Households In England (000), ,, And

Uk Mortage Market

Table: Property Transactions For England, Wales And Northern Ireland (000 And %),/1999-2002/2003

Figure: Property Transactions For England, Wales And Northern Ireland (000),/1999-2002/2003

3. Types Of Mortgage

Repayment Mortgages

Overpayments

Discounted Mortgages

The Promotion Of Discounted Mortgages

Table: Main Media Advertising Expenditure On Discount Rate Mortgages By Company (£000 And %), Years Ending June And

Endowment Mortgages

Isa Mortgages

Fixed-rate Mortgages

Table: Uk Base Rates (%),-2002 And August

Figure: Uk Base Rates (%),-2002 And August

Capped Mortgages

Flexible Mortgages

The Promotion Of Flexible Mortgages

Table: Main Media Advertising Expenditure On Flexible Mortgages By Company (£000 And %), Years Ending June And

All-in-one Accounts

Current Account Mortgages

Offset Mortgages

Mortgage Indemnity Guarantees

Sub-prime Mortgages

4. Regulation

The Mortgage Code

New Regulation And The Financial Services Authority

Regulation Draft

Response By The Council Of Mortgage Lenders

What The New Regulation Will Mean For The Lender

5. Branch Sales

Market Shares

Table: Percentage Of Mortgages Arranged Through Branches,-2002

Figure: Percentage Of Mortgages Arranged Through Branches,-2002

Distribution

Table: Uk Bank Branch Networks (number Of Branches And %),-2001

6. Telephone Sales

Market Shares

Table: Percentage Of Loans Arranged Over The Telephone,-2003

Distribution

Table: Number Of Telephone-accessible Accounts Held At Uk Clearing Banks (number And %),-2002

Figure: Percentage Of Telephone-accessible Accounts Held At Uk Clearing Banks,-2002

7. Internet Sales

Market Shares

Table: Percentage Of Loans Arranged Through The Internet,-2003

Advertising

Table: Main Media Advertising Expenditure On Online Mortgages (£000), Years Ending And

Distribution

Table: Number Of Computer-accessible Accounts Held At Uk Clearing Banks (number And %),-2002

Figure: Percentage Of Computer-accessible Accounts Held At Uk Clearing Banks,-2002

Internet Intermediaries

8. An International Perspective

The Us Mortgage Market

The Eu Mortgage Market

9. Pest Analysis

Political Factors

Property-owning Democracy

Regulations

Economic Factors

Forced Savings

Labour Market Effects

Capital Market Effects

Land Market Effects

Sub-prime Lending

Social Factors

Family Life

Social Exclusion

Technological Factors

Credit Rating

Security

Efficiency

10. Consumer Dynamics

Overview

Table: Summary Of Attitudes Towards Mortgages (% Of Respondents),

Summary Of Results

I Have Considered Buying Somewhere To Live With A Mortgage

I Would Ask A Solicitor Or An Accountant For Advice Before Signing A Mortgage Agreement

Table: Buying Somewhere To Live With A Mortgage/ Asking A Solicitor Or Accountant For Advice (% Of Respondents),

I Would Ask A Bank Or Building Society For Advice Before Signing A Mortgage Agreement

I Would Ask An Independent Financial Adviser (ifa) For Advice Before Signing A Mortgage Agreement

Table: Asking For Advice From A Bank Or Building Society/ifa (% Of Respondents),

I Would Always Shop Around The High Street For The Best Terms And Conditions For A Mortgage

I Would Look On The Web For The Best Mortgage Available And Then Go To A Bank Or Building Society

Table: Shopping Around The High Street/ Looking On The Web (% Of Respondents),

I Would Apply For A Mortgage Online And I Would Be Happy To Sign An Agreement On The Internet

Table: Applying For A Mortgage Online/signing A Mortgage Agreement On The Internet (% Of Respondents),

I Would Rather Choose An Independent Mortgage Company Than A Bank Or Building Society

I Would Be Happy To Negotiate A Mortgage Over The Telephone

Table: Choosing An Independent Mortgage Company/ Negotiating Over The Telephone (% Of Respondents),

The Ease Of Being Able To Contact A Mortgage Provider Would Influence Whom I Choose For My Mortgage

The Friendliness Of A Mortgage Provider's Staff Would Influence Whom I Choose For My Mortgage

Table: Contacting A Mortgage Provider/friendliness Of Mortgage Provider's Staff (% Of Respondents),

The Change In House Prices/interest Rates Would Influence My Decision Regarding When To Get A Mortgage

Table: The Influence Of Changes In House Prices/interest Rates (% Of Respondents),

The State Of The National Economy Would Affect My Decision Regarding When To Get A Mortgage

None Of These

Do Not Know

Table: The Influence Of The State Of The National Economy/none Of These (% Of Respondents),

Table: Do Not Know (% Of Respondents),

11. Company Profiles

Introduction

Hbos Plc

Corporate Strategy

Strengths And Weaknesses

New Product Development

Innovations

Advertising

Distribution

Profitability

Table: Financial Results For Hbos Plc (£m), Years Endingst December-2002

Future Company Developments

Abbey National Plc

Corporate Strategy

Strengths And Weaknesses

New Product Development

Brand Development

Innovations

Advertising

Distribution

Profitability

Table: Financial Results For Abbey National Plc (£m), Years Endingst December-2002

Future Company Developments

Barclays Plc

Corporate Strategy

Strengths And Weaknesses

New Product Development

Advertising

Distribution

Profitability

Table: Financial Results For Barclays Plc (£m), Years Endingst December-2002

Future Company Developments

Lloyds Tsb Plc

Corporate Strategy

Strengths And Weaknesses

New Product Development

Advertising

Distribution

Profitability

Table: Financial Results For Lloyds Tsb Plc (£m), Years Endingst December-2002

Future Company Developments

Nationwide Building Society

Corporate Strategy

Strengths And Weaknesses

New Product Development

Innovations

Advertising

Distribution

Profitability

Table: Financial Results For Nationwide Building Society (£m), Years Endingth April-2003

Future Company Developments

Northern Rock Plc

Corporate Strategy

Strengths And Weaknesses

New Product Development

Advertising

Distribution

Profitability

Table: Financial Results For Northern Rock Plc (£m), Years Endingst December-2002

Future Company Developments

Egg Plc

Corporate Strategy

Strengths And Weaknesses

Advertising

Distribution

Profitability

Table: Financial Results For Egg Plc (£m), Years Endingst December-2002

Future Company Developments

12. The Future

Market Size

Consolidation

The Branch Network

The Direct Market

New Developments

Demand Side Factors

Table: Average Earnings Growth Rate, Gross Domestic Product And Unemployment (%)/2003-2004/2005

Table: Retail Prices And House Prices (1987=100 And %),-2002

Supply Side Factors And Mortgage Churn

Regulation

Demographic Changes

Table: Historical And Forecast Uk Population By Country (million),,,, And

Table: Uk Households By Size (% And Number), ,, And

Table: Number Of Households In England (000), ,, And

Market Dynamics

Political Factors

Economic Factors

Social Factors

Technological Factors

Conclusion

13. Further Sources

Associations

Publications

General Sources

Bonnier Information Sources

Government Sources

Other Sources

Other Reports