Number of mortgage approvals compared with the five-year average in the UK 2015-2020

Published by Statista Research Department, Jan 12, 2023
As a result of the coronavirus (COVID-19) pandemic, the number of residential mortgage approvals in the United Kingdom (UK) plummeted in the second quarter of 2020. With the easing of the measures, the market quickly headed for recovery. Nevertheless, the total number of mortgage approvals in 2020 remained below the five-year average.

Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020

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Release date

May 2021

Region

United Kingdom

Survey time period

January 2015 to December 2020

Supplementary notes

Lending secured on dwellings includes both remortgaging and house purchase, as well as other categories. Figures are seasonally adjusted.

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