Halifax has failed to increase its share in the mortgage market in the last six months of this year.
The has bank announced its market share is set to hold steady at 7 per cent net and 15 per cent gross for the last half of this year. This is similar to figures for the first half of this year.
Halifax head of investor relations John Hope says: “We had hoped in February that are market share would be around 10 per cent at this stage. However, the lending market is considerably bigger than last year rising from £26bn lent last year to around £37bn this year.”