Total number of mortgage sales in the UK 2014-2022, by sales channel
In 2022, the number of mortgage sales (PSD) in the United Kingdom (UK) stood at just over 1.15 million for the year. Of these sales, most homebuyers in the UK use an intermediary when deciding on the right mortgage for themselves, over doing it directly.
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.