British banks approved 42,653 mortgages for new house purchase in June 2019, up from 42,407 in the previous month and close to April's two-year high of 42,792, revised data from trade association UK Finance showed. June's figures compared to market expectations of 42,900. Approvals of loans secured on dwellings for remortgaging increased to 28,806 from 28,748 in May while those for other purposes fell to 8,923 from 9,111. Net mortgage lending picked up to GBP 1.579 billion in June from GBP 1.374 billion in the previous month, while net credit card lending eased to GBP 0.119 billion from GBP 0.247 billion. Mortgage Applications in the United Kingdom averaged 50802.11 Units from 1997 until 2019, reaching an all time high of 92238 Units in March of 2002 and a record low of 17579 Units in November of 2008.

Mortgage Applications in the United Kingdom is expected to be 44900.00 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 50200.00 in 12 months time. In the long-term, the United Kingdom UK Finance Mortgage Approvals is projected to trend around 54400.00 Units in 2020, according to our econometric models.

United Kingdom UK Finance Mortgage Approvals
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Calendar GMT Actual Previous Consensus TEForecast
2019-04-26 08:30 AM UK Finance Mortgage Approvals Mar 39.980K 39.207K 38.7K 40.9K
2019-05-28 08:30 AM UK Finance Mortgage Approvals Apr 42.989K 40.564K 39.3K 39.5K
2019-06-26 08:30 AM UK Finance Mortgage Approvals May 42.384K 42.898K 43.2K 43.2K
2019-07-24 08:30 AM UK Finance Mortgage Approvals Jun 42.653K 42.407K 42.9K 45.4K
2019-08-27 08:30 AM UK Finance Mortgage Approvals Jul 42.653K 42.8K
2019-09-25 08:30 AM UK Finance Mortgage Approvals Aug
2019-10-24 08:30 AM UK Finance Mortgage Approvals Sep 44.9K


United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 36630.00 40040.00 69520.00 17120.00 units [+]
Construction Output -0.20 1.30 24.00 -19.20 percent [+]
Housing Index 764.20 766.00 769.30 96.10 Index Points [+]
Mortgage Approvals 66.44 65.65 151.80 26.35 Thousand [+]
Nationwide Housing Prices 434.21 431.92 434.21 98.95 Index Points [+]
Mortgage Applications 42653.00 42407.00 92238.00 17579.00 Units [+]
Construction Pmi 45.30 43.10 64.60 27.80 [+]
Construction Orders 6.60 -10.30 37.40 -43.90 percent [+]
Home Loans 3731.00 2938.00 10265.00 -312.00 GBP Million [+]
Home Ownership Rate 65.00 63.40 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 August of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
42653.00 42407.00 92238.00 17579.00 1997 - 2019 Units Monthly
SA




Country Last Previous
United Kingdom 42653.00 Jun/19
United States -0.90 Aug/19


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