The value of buy-to-let (BTL) mortgage loans for property remortgaging in the United Kingdom (UK) in 2021 was higher than the value of loans for home purchase. This trend was forecast to continue until 2024, with the value of both BTL purchase and remortgaging loans declining to 11 billion British pounds and 28 billion British pounds, respectively.
Total value of buy-to-let mortgages in the United Kingdom (UK) from 2011 to 2021, with a forecast until 2024, by loan type
(in billion GBP)
Characteristic
House Purchase
Remortgaging
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UK Finance. (December 12, 2022). Total value of buy-to-let mortgages in the United Kingdom (UK) from 2011 to 2021, with a forecast until 2024, by loan type (in billion GBP) [Graph]. In Statista. Retrieved June 18, 2024, from https://www.statista.com/statistics/1121035/number-of-buy-to-let-mortgage-approvals-united-kingdom/
UK Finance. "Total value of buy-to-let mortgages in the United Kingdom (UK) from 2011 to 2021, with a forecast until 2024, by loan type (in billion GBP)." Chart. December 12, 2022. Statista. Accessed June 18, 2024. https://www.statista.com/statistics/1121035/number-of-buy-to-let-mortgage-approvals-united-kingdom/
UK Finance. (2022). Total value of buy-to-let mortgages in the United Kingdom (UK) from 2011 to 2021, with a forecast until 2024, by loan type (in billion GBP). Statista. Statista Inc.. Accessed: June 18, 2024. https://www.statista.com/statistics/1121035/number-of-buy-to-let-mortgage-approvals-united-kingdom/
UK Finance. "Total Value of Buy-to-let Mortgages in The United Kingdom (Uk) from 2011 to 2021, with a Forecast until 2024, by Loan Type (in Billion Gbp)." Statista, Statista Inc., 12 Dec 2022, https://www.statista.com/statistics/1121035/number-of-buy-to-let-mortgage-approvals-united-kingdom/
UK Finance, Total value of buy-to-let mortgages in the United Kingdom (UK) from 2011 to 2021, with a forecast until 2024, by loan type (in billion GBP) Statista, https://www.statista.com/statistics/1121035/number-of-buy-to-let-mortgage-approvals-united-kingdom/ (last visited June 18, 2024)
Total value of buy-to-let mortgages in the United Kingdom (UK) from 2011 to 2021, with a forecast until 2024, by loan type (in billion GBP) [Graph], UK Finance, December 12, 2022. [Online]. Available: https://www.statista.com/statistics/1121035/number-of-buy-to-let-mortgage-approvals-united-kingdom/