Net borrowing of mortgage debt by UK individuals decreased to £4.4 billion in April 2026, the lowest in six months, from £6.8 billion in March and below the previous 6-month average of £5.1 billion. The annual growth rate for net mortgage lending increased slightly to 3.3% in April, from 3.0% in March. Secured gross lending decreased slightly to £27.5 billion in April, from £28.7 billion in March, still slightly above the 6-month average of £24.8 billion. Repayments increased in April to £22.7 billion, from £19.8 billion in March, above the 6-month average of £19.7 billion. The ‘effective’ interest rate on newly drawn mortgages increased, to 4.08% in April, from 4.03% in March. The rate on the outstanding stock of mortgages was 3.92% in April, down from 3.93% in March. source: Bank of England

Home Loans in the United Kingdom decreased to 4370 GBP Million in April from 6830 GBP Million in March of 2026. Home Loans in the United Kingdom averaged 3346.49 GBP Million from 1986 until 2026, reaching an all time high of 17089.00 GBP Million in June of 2021 and a record low of -1841.00 GBP Million in July of 2021. This page provides - United Kingdom Mortgage Lending- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom Mortgage Lending - data, historical chart, forecasts and calendar of releases - was last updated on June of 2026.

Home Loans in the United Kingdom decreased to 4370 GBP Million in April from 6830 GBP Million in March of 2026. Home Loans in the United Kingdom is expected to be 5100.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the United Kingdom Mortgage Lending is projected to trend around 5800.00 GBP Million in 2027 and 6300.00 GBP Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-05-01 08:30 AM
Mortgage Lending
Mar £6.15B £5.22B £4.2B £4.8B
2026-06-02 08:30 AM
Mortgage Lending
Apr £4.37B £6.83B £5.8B
2026-06-29 08:30 AM
Mortgage Lending
May £4.37B


Related Last Previous Unit Reference
Average House Prices 298806.00 299251.00 GBP May 2026
Construction Orders YoY -11.90 28.10 percent Mar 2026
Construction Output YoY -1.00 -0.30 percent Apr 2026
Mortgage Lending 4370.00 6830.00 GBP Million Apr 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Halifax House Price Index MoM -0.10 -0.10 percent May 2026
Halifax House Price Index YoY 0.50 0.40 percent May 2026
Housing Index 515.30 516.00 points May 2026
Housing Starts 37300.00 30320.00 units Dec 2025
Mortgage Approvals 65.94 63.98 Thousand Apr 2026
BBA Mortgage Rate 6.60 6.60 percent May 2026
Nationwide Housing Prices 554.60 556.30 points May 2026
Nationwide Housing Prices MoM -0.60 0.40 percent May 2026
Nationwide Housing Prices YoY 1.70 3.00 percent May 2026
Price to Rent Ratio 110.71 111.09 Dec 2025
Private Rental Prices YoY 3.50 3.40 percent Apr 2026
Residential Property Prices 2.47 2.67 Percent Dec 2025
RICS House Price Balance -35.00 -35.00 percent May 2026


United Kingdom Mortgage Lending
In the UK, mortgage lending refers to monthly changes of total sterling net secured lending to individuals and housing associations.
Actual Previous Highest Lowest Dates Unit Frequency
4370.00 6830.00 17089.00 -1841.00 1986 - 2026 GBP Million Monthly
SA

News Stream
UK Mortgage Lending Falls to 6-Month Low
Net borrowing of mortgage debt by UK individuals decreased to £4.4 billion in April 2026, the lowest in six months, from £6.8 billion in March and below the previous 6-month average of £5.1 billion. The annual growth rate for net mortgage lending increased slightly to 3.3% in April, from 3.0% in March. Secured gross lending decreased slightly to £27.5 billion in April, from £28.7 billion in March, still slightly above the 6-month average of £24.8 billion. Repayments increased in April to £22.7 billion, from £19.8 billion in March, above the 6-month average of £19.7 billion. The ‘effective’ interest rate on newly drawn mortgages increased, to 4.08% in April, from 4.03% in March. The rate on the outstanding stock of mortgages was 3.92% in April, down from 3.93% in March.
2026-06-02
UK Net Mortgage Borrowing Hits One-Year High
Net mortgage borrowing by UK individuals rose to £6.15 billion in March 2026, up from a revised £5.22 billion in February and exceeding market expectations of £4.2 billion. This marked the highest level in a year, surpassing the six-month average of £4.9 billion, as borrowing costs continued to decline. The annual growth rate for net mortgage lending eased to 3.0% in March from 3.4% in February. Secured gross lending increased to £28.7 billion, up from £24.0 billion in February and above the six-month average of £23.9 billion. Repayments also rose to £19.7 billion in March from £18.6 billion in February, slightly below the six-month average of £19.8 billion. The effective interest rate on newly drawn mortgages fell to 4.03% in March from 4.10% in February, while the rate on the outstanding stock of mortgages edged down to 3.93% from 3.95%.
2026-05-01
UK Mortgage Lending Rises to 5-Month High
Net borrowing of mortgage debt by UK individuals increased to a five-month high of £4.84 billion in February 2026 from £4.2 billion in January, above the previous 6-month average of £4.5 billion and higher than market expectations of £4.1 billion. The annual growth rate for net mortgage lending increased slightly to 3.4% in February, from 3.3% in January. Secured gross lending increased slightly to £23.9 billion in February, up from £23.6 billion in January, slightly above the 6-month average of £23.7 billion. Repayments decreased in February, to £18.4 billion from £18.8 billion, below the 6-month average of £19.9 billion. The ‘effective’ interest rate on newly drawn mortgages slightly increased, to 4.10% in February, from 4.09% in January. The rate on the outstanding stock of mortgages was 3.95% in February, up from 3.90% in January.
2026-03-30