The Bank of England released its quarterly Credit Conditions Survey on Wednesday. U.K. lenders expect the demand for secured lending for house purchase to increase in the second quarter of 2015. The demand for secured lending for house purchase fell in the first quarter.
The demand for credit card lending by households also declined in the first quarter.
The demand for lending from large corporates rose in the first quarter, while the demand from small businesses and medium-sized companies remained unchanged.