Has there been any market failure that has held back the market for fixed and long- term fixed rate mortgages?Almost half or 28% of those fixed- rates were for periods of more than five years, according to data from the european mortgage federation. Data tables relating to chapter 3: the competitive landscape of the flexible mortgage market. The uk housing market is very different to the continental and us housing markets.

Table 8: mortgage balances outstanding and market share for the top 5 lenders in the french residential market, 2003- 200. A low base rate environment has played a role in boosting demand for flexible mortgages. Figure 15: net mortgage lending has grown steadily, 2001- 2005e. Profile of top five mortgage lenders. The savings and mortgage bank has continued to focus on the prime residential mortgage market.