Net mortgage borrowing by UK individuals increased to £4.4 billion in August 2026, up from a revised £4.1 billion in July but below the six-month average of £5.2 billion. The annual growth rate of net mortgage lending was unchanged at 3.6%. Gross secured lending fell to £23.6 billion, from £25.3 billion in July and below the six-month average of £26.5 billion, while repayments eased to £20.4 billion from £21.1 billion. Meanwhile, the effective interest rate on newly drawn mortgages rose to 4.60%, from 4.45%, while the rate on the outstanding mortgage stock edged up to 4.00% from 3.97%. source: Bank of England

Home Loans in the United Kingdom increased to 4410 GBP Million in August from 4082 GBP Million in July of 2026. Home Loans in the United Kingdom averaged 3359.29 GBP Million from 1986 until 2026, reaching an all time high of 17082.00 GBP Million in June of 2021 and a record low of -1830.00 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 October of 2026.

Home Loans in the United Kingdom increased to 4410 GBP Million in August from 4082 GBP Million in July of 2026. Home Loans in the United Kingdom is expected to be 5200.00 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 5200.00 GBP Million in 2027 and 5000.00 GBP Million in 2028, according to our econometric models.



Calendar GMT Reference Actual Previous Consensus TEForecast
2026-09-01 08:30 AM
Mortgage Lending
Jul £4.29B £7.68B £4.6B
2026-09-29 08:30 AM
Mortgage Lending
Aug £4.41B £4.08B £4.4B £4.5B
2026-10-29 09:30 AM
Mortgage Lending
Sep £4.41B £ 5.2B


Related Last Previous Unit Reference
Average House Prices 298441.00 298395.00 GBP Sep 2026
Construction Orders YoY -18.10 -11.90 percent Jun 2026
Construction Output YoY -1.80 -1.90 percent Aug 2026
Mortgage Lending 4410.00 4082.00 GBP Million Aug 2026
Home Ownership Rate 64.50 64.70 percent Dec 2023
Lloyds House Price Index MoM 0.00 -0.30 percent Sep 2026
Lloyds House Price Index YoY 0.00 -0.40 percent Sep 2026
Housing Index 514.60 514.60 points Sep 2026
Housing Starts 35910.00 34030.00 units Jun 2026
Mortgage Approvals 54.92 55.93 Thousand Aug 2026
BBA Mortgage Rate 6.58 6.58 percent Sep 2026
Nationwide Housing Prices 547.10 549.50 points Sep 2026
Nationwide Housing Prices MoM -0.20 0.20 percent Sep 2026
Nationwide Housing Prices YoY 0.80 1.60 percent Sep 2026
Price to Rent Ratio 109.85 110.08 points Jun 2026
Private Rental Prices YoY 3.80 3.70 percent Aug 2026
Residential Property Prices 2.87 1.18 Percent Jun 2026
RICS House Price Balance -32.00 -28.00 percent Sep 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
4410.00 4082.00 17082.00 -1830.00 1986 - 2026 GBP Million Monthly
SA

News Stream
UK Mortgage Borrowing Rises in August
Net mortgage borrowing by UK individuals increased to £4.4 billion in August 2026, up from a revised £4.1 billion in July but below the six-month average of £5.2 billion. The annual growth rate of net mortgage lending was unchanged at 3.6%. Gross secured lending fell to £23.6 billion, from £25.3 billion in July and below the six-month average of £26.5 billion, while repayments eased to £20.4 billion from £21.1 billion. Meanwhile, the effective interest rate on newly drawn mortgages rose to 4.60%, from 4.45%, while the rate on the outstanding mortgage stock edged up to 4.00% from 3.97%.
2026-09-29
UK Mortgage Borrowing Falls Sharply in July
Net mortgage borrowing by UK individuals fell to £4.3 billion in July, down from £7.7 billion in June and below the previous six-month average of £5.3 billion. The annual growth rate of net mortgage lending was unchanged at 3.6%. Gross secured lending also eased to £25.9 billion from £26.9 billion, slightly below its six-month average of £26.4 billion. Repayments edged up to £21.3 billion from £21.2 billion, remaining above the six-month average of £20.8 billion. The effective interest rate on newly drawn mortgages rose to 4.45% in July from 4.35% in June, while the rate on the outstanding mortgage stock increased slightly to 3.97% from 3.96%.
2026-09-01
UK Mortgage Borrowing Jumps Well Above Expectations in June
Net mortgage borrowing by UK households surged to £7.7 billion in June 2026 from £3.3 billion in May, far exceeding market expectations of £3.95 billion and the previous six-month average of £4.9 billion, despite rising borrowing costs. The annual growth rate of net mortgage lending also edged up to 3.6% from 3.5%. Gross mortgage lending rose slightly to £27.4 billion from £27.2 billion, remaining above the six-month average of £26.0 billion. Meanwhile, repayments fell to £21.3 billion from £22.7 billion, although they continued to exceed the recent six-month average of £20.4 billion. Meanwhile, the effective interest rate on newly drawn mortgages climbed to 4.35% in June from 4.22% in May, its highest level in more than a year. The average rate on the outstanding stock of mortgages also increased, reaching a record high of 3.96%.
2026-07-29