The number of monthly mortgage approvals for home purchase in the United Kingdom (UK) peaked at nearly 108,000 approvals in November 2020, after falling to record low levels at the beginning of the coronavirus pandemic in the second quarter of the year. The spike was due to the easing of the first lockdown and a rise in the demand for housing. In 2022, the housing market started to cool, resulting in a falling number of mortgage approvals. In August 2024, there were 65,647 mortgage approvals. Remortgaging approvals followed a similar trend.
Number of approvals for house purchase mortgage in the United Kingdom (UK) from January 2010 to September 2024
Characteristic
Numbers of approvals for house purchase
Sep 2024
65,647
Aug 2024
64,958
Jul 2024
62,584
Jun 2024
60,744
May 2024
60,742
Apr 2024
61,345
Mar 2024
61,454
Feb 2024
60,457
Jan 2024
55,923
Dec 2023
52,085
Nov 2023
50,135
Oct 2023
48,526
Sep 2023
43,958
Aug 2023
45,195
Jul 2023
49,355
Jun 2023
54,290
May 2023
50,800
Apr 2023
48,719
Mar 2023
51,102
Feb 2023
43,214
Jan 2023
39,754
Dec 2022
41,282
Nov 2022
46,527
Oct 2022
58,231
Sep 2022
64,885
Aug 2022
71,986
Jul 2022
62,794
Jun 2022
62,725
May 2022
66,277
Apr 2022
65,641
Mar 2022
68,895
Feb 2022
68,579
Jan 2022
73,921
Dec 2021
72,540
Nov 2021
69,264
Oct 2021
68,583
Sep 2021
70,650
Aug 2021
70,993
Jul 2021
72,600
Jun 2021
78,973
May 2021
86,082
Apr 2021
85,056
Mar 2021
80,986
Feb 2021
84,711
Jan 2021
96,976
Dec 2020
103,244
Nov 2020
107,806
Oct 2020
101,137
Sep 2020
92,588
Aug 2020
85,263
Jul 2020
66,684
Jun 2020
40,242
May 2020
9,352
Apr 2020
15,906
Mar 2020
56,268
Feb 2020
71,717
Jan 2020
69,418
Dec 2019
67,503
Nov 2019
66,562
Oct 2019
66,499
Sep 2019
66,280
Aug 2019
66,059
Jul 2019
67,294
Jun 2019
66,581
May 2019
65,449
Apr 2019
65,725
Mar 2019
62,196
Feb 2019
64,196
Jan 2019
65,143
Dec 2018
64,390
Nov 2018
64,974
Oct 2018
68,245
Sep 2018
66,092
Aug 2018
66,743
Jul 2018
64,883
Jun 2018
65,827
May 2018
65,031
Apr 2018
63,312
Mar 2018
63,070
Feb 2018
63,020
Jan 2018
65,783
Dec 2017
62,229
Nov 2017
65,760
Oct 2017
65,242
Sep 2017
66,300
Aug 2017
66,943
Jul 2017
68,691
Jun 2017
65,398
May 2017
65,778
Apr 2017
67,078
Mar 2017
68,056
Feb 2017
68,156
Jan 2017
68,016
Dec 2016
68,366
Nov 2016
68,383
Oct 2016
67,958
Sep 2016
64,295
Aug 2016
61,376
Jul 2016
62,694
Jun 2016
65,673
May 2016
67,626
Apr 2016
68,688
Mar 2016
70,743
Feb 2016
71,873
Jan 2016
72,435
Dec 2015
71,349
Nov 2015
70,533
Oct 2015
70,112
Sep 2015
71,184
Aug 2015
72,306
Jul 2015
70,826
Jun 2015
68,089
May 2015
65,103
Apr 2015
69,051
Mar 2015
62,845
Feb 2015
61,477
Jan 2015
58,986
Dec 2014
60,151
Nov 2014
59,644
Oct 2014
60,391
Sep 2014
62,100
Aug 2014
65,411
Jul 2014
66,914
Jun 2014
67,835
May 2014
61,960
Apr 2014
65,119
Mar 2014
68,340
Feb 2014
70,079
Jan 2014
74,008
Dec 2013
71,944
Nov 2013
70,461
Oct 2013
68,576
Sep 2013
67,310
Aug 2013
62,821
Jul 2013
60,726
Jun 2013
58,935
May 2013
58,935
Apr 2013
56,070
Mar 2013
54,482
Feb 2013
52,547
Jan 2013
52,255
Dec 2012
54,652
Nov 2012
53,081
Oct 2012
52,280
Sep 2012
50,367
Aug 2012
48,098
Jul 2012
47,265
Jun 2012
47,815
May 2012
49,265
Apr 2012
51,926
Mar 2012
51,270
Feb 2012
50,376
Jan 2012
55,572
Dec 2011
51,700
Nov 2011
52,120
Oct 2011
51,755
Sep 2011
50,843
Aug 2011
52,918
Jul 2011
50,915
Jun 2011
49,363
May 2011
47,017
Apr 2011
46,082
Mar 2011
48,359
Feb 2011
47,490
Jan 2011
42,902
Dec 2010
41,718
Nov 2010
46,134
Oct 2010
46,905
Sep 2010
46,796
Aug 2010
47,369
Jul 2010
48,706
Jun 2010
49,489
May 2010
50,011
Apr 2010
50,188
Mar 2010
49,153
Feb 2010
47,810
Jan 2010
46,496
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Bank of England. (November 6, 2024). Number of approvals for house purchase mortgage in the United Kingdom (UK) from January 2010 to September 2024 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England. "Number of approvals for house purchase mortgage in the United Kingdom (UK) from January 2010 to September 2024." Chart. November 6, 2024. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England. (2024). Number of approvals for house purchase mortgage in the United Kingdom (UK) from January 2010 to September 2024. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England. "Number of Approvals for House Purchase Mortgage in The United Kingdom (Uk) from January 2010 to September 2024." Statista, Statista Inc., 6 Nov 2024, https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England, Number of approvals for house purchase mortgage in the United Kingdom (UK) from January 2010 to September 2024 Statista, https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/ (last visited November 22, 2024)
Number of approvals for house purchase mortgage in the United Kingdom (UK) from January 2010 to September 2024 [Graph], Bank of England, November 6, 2024. [Online]. Available: https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/