Total number of mortgage sales in the UK 2022, by loan amount band
In 2022, the number of mortgage sales (PSD) in the United Kingdom (UK) stood at 1.15 million for the year. Of these, mortgage loans valued between 120 thousand British pounds (GBP) and 250 thousand GBP were the most sought after. This is unsurprising, given the average house price in the UK.
Product sales data (PSD) is collected by the Financial Conduct Authority (FCA) and includes new sales (including remortgages); transfers, top-ups, alterations (such as mortgage switches with the same lender). It does not include data on transactions made through fund supermarkets and nominee accounts (such as those used in platforms) and, increments and renewals are generally not included according to the source. In the United Kingdom all home finance providers are required to submit the mortgage PSD.