Net mortgage borrowing by UK households was GBP 11.8 billion in March of 2021, the strongest since the series began in April 1993 and well above market expectations of GBP 5.8 billion. The strong borrowing was driven by the expected ending of the temporary stamp duty tax relief at the end of March, which has now been extended to the end of June. source: Bank of England
Home Loans in the United Kingdom averaged 3319.97 GBP Million from 1986 until 2021, reaching an all time high of 11832 GBP Million in March of 2021 and a record low of -352 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 May of 2021.
Home Loans in the United Kingdom is expected to be 6500.00 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 4000.00 in 12 months time. In the long-term, the United Kingdom Mortgage Lending is projected to trend around 2900.00 GBP Million in 2022 and 4500.00 GBP Million in 2023, according to our econometric models.