British banks approved 40,634 mortgages for new house purchase in January 2019, the most since September 2017, data from trade association UK Finance showed. January's figures were up from a revised 39,350 in the previous month and compared to market expectations of 38,500. In addition, consumer credit grew by 4.6 percent year-on-year, the most since February 2018. Mortgage Applications in the United Kingdom averaged 50988.61 Units from 1997 until 2019, reaching an all time high of 93589 Units in March of 2002 and a record low of 17157 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 49200.00 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
2018-11-26 09:30 AM UK Finance Mortgage Approvals 39.697K 38.712K 38.9K 40.5K
2018-12-28 09:30 AM UK Finance Mortgage Approvals 39.403K 39.640K 38.9K 41.8K
2019-01-25 09:30 AM UK Finance Mortgage Approvals 38.779K 39.205K 39.0K 42.6K
2019-02-26 01:40 PM UK Finance Mortgage Approvals 40.634K 39.350K 38.5K 40.1K
2019-03-26 09:30 AM UK Finance Mortgage Approvals 40.634K 41.1K
2019-04-26 08:30 AM UK Finance Mortgage Approvals 44.9K
2019-05-28 08:30 AM UK Finance Mortgage Approvals


United Kingdom Housing Last Previous Highest Lowest Unit
Housing Starts 46930.00 41950.00 69520.00 16420.00 units [+]
Construction Output 1.80 -2.40 24.00 -19.20 percent [+]
Housing Index 766.40 723.80 766.40 96.10 Index Points [+]
Mortgage Approvals 66.77 64.47 151.80 26.30 Thousand [+]
Mortgage Applications 40634.00 39350.00 93589.00 17157.00 Units [+]
Construction Pmi 49.50 50.60 64.60 27.80 [+]
Construction Orders -10.50 -31.40 37.40 -43.90 percent [+]
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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
40634.00 39350.00 93589.00 17157.00 1997 - 2019 Units Monthly
SA




Country Last Previous
United Kingdom 40634.00 Jan/19
United States 1.60 Mar/19


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