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 - June 2019

  • There were 32,760 new first-time buyer mortgages completed in June 2019, 1.5 per cent fewer than in the same month in 2018. There were 31,000 homemover mortgages completed in June 2019, 3.6 per cent fewer than in the same month a year earlier.
  • There were 16,880 new remortgages with additional borrowing in June 2019, 8.3 per cent more than in the same month in 2018. For these remortgages, the average additional amount borrowed in June was £56,100. There were 15,320 new pound-for-pound remortgages (with no additional borrowing) in June 2019, 23.9 per cent fewer than in June 2018. This has been driven in part by a slight drop in the number of fixed-rate mortgages coming to an end and the growing popularity of product transfers*.
  • There were 5,300 new buy-to-let home purchase mortgages completed in June 2019, 3.6 per cent fewer than this time last year. There were 12,500 remortgages in the buy-to-let sector, 0.8 per cent fewer than the same month in 2018.

Lending trends downloads - June 2019

UKF Mortgage Trends Update (PDF) - June 2019

UKF Mortgage Trends Update (XLS) - June 2019

Home movers affordability in the UK - June 2019

First time buyer affordability in the UK - June 2019

Remortgagors affordability in the UK - June 2019

LONG RUN DATA - UK FINANCE MEMBERS ONLY