BIK: sales of housing loans in second half of ‘25 will be much higher that first half
The Credit Information Bureau (BIK) expects that housing loan sales in H2 2025 will significantly exceed H1 levels due to interest rate cuts, likely surpassing the earlier PLN 88 billion annual forecast. In H1 2025, new obligations totaled PLN 139 billion (+13% y/y), with mortgage sales at PLN 45.9 billion, down 2% y/y, mainly due to the high base from the 2024 BK2% program. Adjusted for this effect, mortgage activity would show +40.4% growth. Demand is driven by high-value loans (over PLN 600,000), with the average loan at a record PLN 450,000.
Foreign borrowers, mainly Ukrainians and Belarusians, now account for 8% of debt. Cash loan sales rose 32% y/y to PLN 58.3 billion, with strong growth in high-value and consolidation loans.
