Net mortgage borrowing by UK households was GBP 3.1 billion in August 2020, higher than the revised GBP 2.9 billion in July but below market forecasts of GBP 3.65 billion and an average of GBP 4.2 billion in the six months to February 2020. The increase on the month reflected slightly higher gross borrowing of GBP 18.8 billion, although it is still below the pre-Covid February level of GBP 23.7 billion. source: Bank of England
Home Loans in the United Kingdom averaged 3273.43 GBP Million from 1986 until 2020, reaching an all time high of 10380 GBP Million in October of 2006 and a record low of -288 GBP Million in December of 2010. 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 2020.
Home Loans in the United Kingdom is expected to be 3200.00 GBP Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Home Loans in the United Kingdom to stand at 2500.00 in 12 months time. In the long-term, the United Kingdom Mortgage Lending is projected to trend around 3600.00 GBP Million in 2021 and 4500.00 GBP Million in 2022, according to our econometric models.