Yes, that's correct.
We have growth in credit that has slowed quite dramatically overall. It's now at a point where it's roughly keeping pace with growth in income. Under our forecast what we'd expect to see is that this trend would remain in place and that total income would be growing as employment gathers pace. With those two things in prospect, we would expect to see that remain flat or edge down as we go through the next couple of years. In that context, underneath that, what you see then is that the mix is actually improving because there are people getting new jobs, new incomes, etc., and those who have already bought their houses are simply paying down their mortgage in due course.