Net mortgage borrowing by UK households was GBP 4.052 billion in November 2019, compared to a downwardly revised GBP 4.312 billion in October and market expectations of GBP 3.90 billion. Home Loans in the United Kingdom averaged 3514.32 GBP Million from 1993 until 2019, reaching an all time high of 10274 GBP Million in October of 2006 and a record low of -308 GBP Million in December of 2010. source: Bank of England
Home Loans in the United Kingdom is expected to be 3700.00 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 3800.00 in 12 months time. In the long-term, the United Kingdom Mortgage Lending is projected to trend around 4500.00 GBP Million in 2020, according to our econometric models.