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 - August 2019

  • There were 35,010 new first-time buyer mortgages completed in August 2019, 0.7 per cent more than in the same month in 2018. This is the highest monthly total since August 2007 when there were 35,070 new first-time buyer mortgages. There were 35,380 homemover mortgages completed in August 2019, 5.5 per cent fewer than in the same month a year earlier.
  • There were 18,640 new remortgages with additional borrowing in August 2019, 2.9 per cent fewer than in the same month in 2018. For these remortgages, the average additional amount borrowed in August was £55,000. There were 18,100 new pound-for-pound remortgages (with no additional borrowing) in August 2019, 2.3 per cent fewer than in the same month a year earlier.
  • There were 5,900 new buy-to-let home purchase mortgages completed in August 2019, 3.3 per cent fewer than the same month a year earlier. There were 13,800 remortgages in the buy-to-let sector, 0.7 per cent fewer than in the same month in 2018.

Lending trends downloads - August 2019

UKF Mortgage Trends Update (PDF) - August 2019

UKF Mortgage Trends Update (XLS) - August 2019

Home movers affordability in the UK - August 2019

First time buyer affordability in the UK - August 2019

Remortgagors affordability in the UK - August 2019

LONG RUN DATA - UK FINANCE MEMBERS ONLY