Number of approvals for house purchase lending in the UK 2017-2021
This statistic illustrates the total monthly number of approvals for house purchase lending to individuals in the United Kingdom (UK) from January 2017 to February 2021. It can be seen that the number of approvals for house purchasing lending fluctuated during the period under observation, reaching a total of clost to 73,400 approvals for house purchase lending as of February 2020. In the wake of the coronavirus (covid-19) crisis between March and May, mortgage approvals dropped dramatically, reaching approximately 9,400 approvals in May 2020. In the second half of the 2020, the market quickly recovered and in February 2021, there were almost 87,700 house purchase approvals.
