Lenders have predicted the amount of credit available to households and businesses will increase over the next three months. In the Bank of England's latest survey on credit conditions, a net balance of lenders said there had been a fall in the availability of secured credit in the first quarter of 2009 due to a reduced appetite for risk and concerns over house prices. However, improvements in the cost and availability of funds are expected to result in a reversal of this trend in the coming months. Some lenders said they remained unsure what might happen, as there had not had enough time to assess the full impact on future lending of the recently announced Government schemes aimed at supporting the banking sector.
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