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Total number of mortgage sales in the UK 2020, by property value

Published by Statista Research Department, Jul 5, 2021
In 2020, the number of mortgage sales (PSD) in the United Kingdom (UK) stood at just over one million for the year. Of these, mortgage loans for properties valued between 120,000 British pounds (GBP) and 500,000 GBP were the most sought after. This is unsurprising, given the average house price in the UK and, especially England, where most sales are made.

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.

Total number of mortgage sales in the United Kingdom (UK) in 2020, by property value band (in 1,000s)

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Source

Release date

June 2021

Region

United Kingdom

Survey time period

2020

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