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 - July 2019

  • There were 32,640 new first-time buyer mortgages completed in July 2019, 5.8 per cent more than in the same month in 2018. There were 32,710 homemover mortgages completed in July 2019, 1.4 per cent more than in the same month a year earlier.
  • There were 20,760 new remortgages with additional borrowing in July 2019, 7.1 per cent fewer than in the same month in 2018. For these remortgages, the average additional amount borrowed in July was £55,500. There were 20,380 new pound-for-pound remortgages (with no additional borrowing) in July 2019, 12.9 per cent fewer than in July 2018. This has been driven in part by a fall in the number of fixed-rate mortgages coming to an end and the growing popularity of product transfers.                                    
  • There were 5,800 new buy-to-let home purchase mortgages completed in July 2019, 5.5 per cent more than this time last year. There were 15,100 remortgages in the buy-to-let sector, two per cent more than the same month in 2018.                         

Lending trends downloads - July 2019

UKF Mortgage Trends Update (PDF) - July 2019

UKF Mortgage Trends Update (XLS) - July 2019

Home movers affordability in the UK - July 2019

First time buyer affordability in the UK - July 2019

Remortgagors affordability in the UK - July 2019

LONG RUN DATA - UK FINANCE MEMBERS ONLY