Regional Mortgage Trends

Trends covering member mortgage lending in regions of the UK.  Data is shown for first-time buyers and homeowners, house purchase and remortgaging, with affordability measures in the residential mortgage markets of London, Scotland, Wales and Northern Ireland.

Latest data - Published on 28/11/19

London

  • There were 11,510 new first-time buyer mortgages completed in London in the third quarter of 2019, 1.3 per cent more than in the same quarter in 2018. Additionally, there were 7,850 new homemover mortgages completed in London in the third quarter of 2019, 0.9 per cent more than in the same quarter in 2018.
  • There were 12,530 new homeowner remortgages completed in London in the third quarter of 2019, 14.8 per cent fewer than in the same quarter in 2018. This follows a period of strong annual growth in remortgaging in the capital during 2018.

Regional Lending Trends Update - London Q3 2019 (Summary)

Regional Lending Trends Update - London Q3 2019 (Data tables)


Northern Ireland

  • There were 2,870 new homeowner remortgages completed in Northern Ireland in the third quarter of 2019, 21.6 per cent more than in the same quarter in 2018.
  • There were 2,880 new first-time buyer mortgages completed in Northern Ireland in the third quarter of 2019, 6.7 per cent more than in the same quarter in 2018. Additionally, there were 1,880 new homemover mortgages completed in Northern Ireland in the third quarter of 2019, 2.6 per cent fewer than in the same quarter in 2018.

Regional Lending Trends Update - NI Q3 2019 (Summary)

Regional Lending Trends Update - NI Q3 2019 (Data tables)


Scotland

  • There were 8,810 new first-time buyer mortgages completed in Scotland in the third quarter of 2019, 1.6 per cent more than in the same quarter in 2018. Additionally, there were 9,060 new homemover mortgages completed in Scotland in the third quarter of 2019, 1.8 per cent fewer than in the same quarter in 2018.
  • There were 8,860 new homeowner remortgages completed in Scotland in the second quarter of 2019, 0.4 per cent fewer than in the same quarter in 2018.

Regional Lending Trends Update - Scotland Q3 2019 (Summary)

Regional Lending Trends Update - Scotland Q3 2019 (Data tables)


Wales

  • There were 4,310 new first-time buyer mortgages completed in Wales in the third quarter of 2019, 4.1 per cent more than in the same quarter in 2018. Additionally, there were 3,980 new homemover mortgages completed in Wales in the third quarter of 2019, 5 per cent fewer than in the same quarter in 2018.
  • There were 5,010 new homeowner remortgages completed in Wales in the third quarter of 2019, 4.6 per cent more than in the same quarter in 2018.

Regional Lending Trends Update - Wales Q3 2019 (Summary)

Regional Lending Trends Update - Wales Q3 2019 (Data tables)