British banks approved 38,505 mortgages for new house purchase in September of 2018, fewer than a downwardly revised 39,241 in August and below market expectations of 39,000. It is the lowest reading in six months and down by 6.7 percent from a year earlier, data from trade association UK Finance showed. Approvals of loans secured on dwellings for remortgaging fell to 27,874 from 30,838 in August, and the number of approvals for other purposes declined to 8,613 from 8,938. Net mortgage lending decreased by GBP 1.550 billion in September, compared with GBP 1.671 billion in August. Mortgage Applications in the United Kingdom averaged 51167.66 Units from 1997 until 2018, reaching an all time high of 92480 Units in March of 2002 and a record low of 17241 Units in November of 2008.

United Kingdom UK Finance Mortgage Approvals
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Calendar GMT Actual Previous Consensus TEForecast
2018-08-24 08:30 AM UK Finance Mortgage Approvals 39.584K 40.33K 40.6K 42.5K
2018-09-26 08:30 AM UK Finance Mortgage Approvals 39.402K 39.619K 39.7K 41.9K
2018-10-24 08:30 AM UK Finance Mortgage Approvals 38.505K 39.241K 39K 42.8K
2018-11-26 09:30 AM UK Finance Mortgage Approvals 38.505K 45.5K
2018-12-28 09:30 AM UK Finance Mortgage Approvals 47.8K

United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 41190.00 39890.00 69520.00 16420.00 units [+]
Construction Output 3.00 0.50 24.00 -19.20 percent [+]
Housing Index 737.50 732.20 743.70 96.10 Index Points [+]
Mortgage Approvals 65.27 66.10 151.80 26.27 Thousand [+]
Mortgage Applications 38505.00 39241.00 92480.00 17241.00 Units [+]
Construction Pmi 53.20 52.10 64.60 27.80 [+]
Construction Orders -7.40 -6.90 37.40 -43.90 percent [+]
Home Ownership Rate 63.40 63.50 73.30 63.40 percent [+]

United Kingdom UK Finance Mortgage Approvals

UK Finance Mortagge Approvals for the United Kingdom show the number of approvals given for house purchase, excluding remortgaging and those for other purposes. Data include customers' activity of Barclays, HSBC Bank, Lloyds Banking Group, Royal Bank of Scotland Group, Santander UK, TSB and Virgin Money, which collectively account for around two-thirds of domestic retail banking assets. This page provides - United Kingdom Mortgage Applications- actual values, historical data, forecast, chart, statistics, economic calendar and news. United Kingdom UK Finance Mortgage Approvals - actual data, historical chart and calendar of releases - was last updated on November of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
38505.00 39241.00 92480.00 17241.00 1997 - 2018 Units Monthly

Country Last
United Kingdom 38505.00 Sep/18
United States -3.20 Nov/18