UK lenders see reduced mortgage demand in coming months

LONDON, Jan 21 (Reuters) - British lenders expect demand for
mortgages to buy houses to fall slightly over the coming months
but there will be more appetite for credit card borrowing and
demand from medium and larger companies, a Bank of England
survey showed on Tuesday.

The quarterly BoE survey of major lenders took place between
Nov. 23 and Dec. 11 - before the most recent wave of COVID cases
and an agreement on post-Brexit trade arrangements with the EU -
and asked banks about their expectations to the end of February.

"Demand for secured lending for house purchase was expected
to decrease slightly in Q1, but demand for secured lending for
remortgaging was expected to increase slightly," the BoE said.
(Reporting by David Milliken
Editing by William Schomberg)