Mortgages Trends

Trends covering member mortgage lending in the UK. Data is shown for first-time buyers and homeowners, house purchase and remortgaging, with affordability measures in the residential and buy-to-let markets.

LATEST DATA - DECEMBER 2019

Release date: 18 February 2020

• There were 29,490 new first-time buyer mortgages completed in December 2019, 0.3 per cent more than in the same month in 2018. There were 29,400 homemover mortgages completed in December 2019, 3.2 per cent more than in the same month a year earlier.
• There were 16,820 new remortgages with additional borrowing in December 2019, 5.9 per cent more than in the same month in 2018. For these remortgages, the average additional amount borrowed in December was £50,702. There were 16,490 new pound-for-pound remortgages (with no additional borrowing) in December 2019, 0.5 per cent fewer than in December 2018.
• There were 5,700 new buy-to-let home purchase mortgages completed in December 2019, 3.6 per cent more than this time last year. There were 13,300 remortgages in the buy-to-let sector, 2.3 per cent more than in the same month in 2018.

Lending trends downloads - December 2019

UKF Mortgage Trends Update (PDF) - December 2019

UKF Mortgage Trends Update (XLS) - December 2019

Home movers affordability in the UK - December 2019

First time buyer affordability in the UK - December 2019

Remortgagors affordability in the UK - December 2019

LONG RUN DATA - UK FINANCE MEMBERS ONLY