Since 2010, the number of monthly mortgage approvals for home purchase in the United Kingdom (UK) has fluctuated between 40,000 and 80,000. In the wake of the coronavirus (COVID-19) crisis between March and May 2020, mortgage approvals plunged, reaching a record low of 9,000. With the easing of the first lockdown, the market headed for recovery and in November 2020, the number of house purchase approvals peaked at approximately 104,500. Remortgaging approvals followed a
Number of approvals for house purchase lending in the United Kingdom (UK) from January 2010 to October 2021
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Bank of England. (November 29, 2021). Number of approvals for house purchase lending in the United Kingdom (UK) from January 2010 to October 2021 [Graph]. In Statista. Retrieved May 25, 2022, from https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England. "Number of approvals for house purchase lending in the United Kingdom (UK) from January 2010 to October 2021." Chart. November 29, 2021. Statista. Accessed May 25, 2022. https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England. (2021). Number of approvals for house purchase lending in the United Kingdom (UK) from January 2010 to October 2021. Statista. Statista Inc.. Accessed: May 25, 2022. https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England. "Number of Approvals for House Purchase Lending in The United Kingdom (Uk) from January 2010 to October 2021." Statista, Statista Inc., 29 Nov 2021, https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/
Bank of England, Number of approvals for house purchase lending in the United Kingdom (UK) from January 2010 to October 2021 Statista, https://www.statista.com/statistics/428589/uk-banking-number-approvals-lending-house-purchase/ (last visited May 25, 2022)