British banks approved 46,815 mortgages for new house purchase in December 2019, the most since August 2015, compared to a revised 44,058 in November, data from trade association UK Finance showed. Also, net mortgage lending picked up to GBP 3.773 billion, the highest since March 2016, from GBP 3.073 billion; while net credit card lending rebounded to GBP 0.086 billion from GBP -0.147 billion.
Mortgage Applications in the United Kingdom averaged 50637.28 Units from 1997 until 2019, reaching an all time high of 92221 Units in March of 2002 and a record low of 17599 Units in November of 2008. This page provides - United Kingdom Mortgage Applications- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom UK Finance Mortgage Approvals - data, historical chart, forecasts and calendar of releases - was last updated on August of 2020. source: UK Finance
Mortgage Applications in the United Kingdom is expected to be 45200.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Mortgage Applications in the United Kingdom to stand at 52600.00 in 12 months time. In the long-term, the United Kingdom UK Finance Mortgage Approvals is projected to trend around 54400.00 Units in 2021, according to our econometric models.