Monthly number of remortgaging loan approvals UK 2010-2022

The monthly number of approvals for remortgaging loans to individuals in the United Kingdom (UK) increased between 2012 and 2020, before plummeting in the beginning of 2022 due to the coronavirus pandemic. In the following months, the remortgaging activity headed for recovery and in October 2022, there were about 51,000 approvals. Nevertheless, November 2022 experienced another dramatic drop and the number of approvals fell to approximately 33,000. House purchase mortgage approvals followed a similar trend.

Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022

Characteristic	Numbers of approvals for remortgaging
Nov '22	32,509
Oct '22	51,307
Sep '22	49,508
Aug '22	49,634
Jul '22	48,634
Jun '22	43,515
May '22	45,987
Apr '22	46,301
Mar '22	48,985
Feb '22	49,429
Jan '22	47,298
Dec '21	46,791
Nov '21	46,581
Oct '21	42,092
Sep '21	41,844
Aug '21	39,633
Jul '21	37,292
Jun '21	36,172
May '21	34,031
Apr '21	32,622
Mar '21	35,055
Feb '21	35,209
Jan '21	33,148
Dec '20	34,790
Nov '20	35,960
Oct '20	33,120
Sep '20	32,551
Aug '20	32,798
Jul '20	35,677
Jun '20	36,849
May '20	29,617
Apr '20	33,732
Mar '20	42,451
Feb '20	53,010
Jan '20	51,677
Dec '19	49,676
Nov '19	48,619
Oct '19	51,391
Sep '19	49,631
Aug '19	48,837
Jul '19	47,849
Jun '19	48,129
May '19	47,227
Apr '19	49,092
Mar '19	49,023
Feb '19	48,307
Jan '19	49,600
Dec '18	48,117
Nov '18	49,006
Oct '18	49,021
Sep '18	49,396
Aug '18	52,034
Jul '18	45,471
Jun '18	49,534
May '18	52,774
Apr '18	47,072
Mar '18	46,121
Feb '18	46,157
Jan '18	47,995
Dec '17	48,143
Nov '17	54,312
Oct '17	50,735
Sep '17	47,750
Aug '17	45,383
Jul '17	47,975
Jun '17	46,847
May '17	44,694
Apr '17	41,963
Mar '17	43,186
Feb '17	44,369
Jan '17	45,733
Dec '16	48,940
Nov '16	46,050
Oct '16	43,500
Sep '16	43,471
Aug '16	41,238
Jul '16	44,607
Jun '16	44,884
May '16	44,600
Apr '16	42,505
Mar '16	41,572
Feb '16	41,711
Jan '16	41,549
Dec '15	42,371
Nov '15	39,466
Oct '15	39,718
Sep '15	41,648
Aug '15	41,986
Jul '15	39,042
Jun '15	37,970
May '15	37,563
Apr '15	37,271
Mar '15	33,817
Feb '15	33,034
Jan '15	31,347
Dec '14	33,132
Nov '14	32,327
Oct '14	31,514
Sep '14	30,760
Aug '14	32,735
Jul '14	33,553
Jun '14	31,735
May '14	29,186
Apr '14	32,274
Mar '14	33,563
Feb '14	34,144
Jan '14	35,473
Dec '13	34,395
Nov '13	34,346
Oct '13	35,794
Sep '13	35,738
Aug '13	35,652
Jul '13	33,694
Jun '13	32,437
May '13	32,735
Apr '13	31,746
Mar '13	31,458
Feb '13	28,283
Jan '13	25,756
Dec '12	28,045
Nov '12	28,291
Oct '12	28,683
Sep '12	29,302
Aug '12	25,554
Jul '12	24,361
Jun '12	25,513
May '12	28,082
Apr '12	31,154
Mar '12	29,949
Feb '12	29,352
Jan '12	31,498
Dec '11	31,175
Nov '11	31,223
Oct '11	32,769
Sep '11	32,916
Aug '11	33,513
Jul '11	32,276
Jun '11	32,576
May '11	29,086
Apr '11	27,743
Mar '11	33,078
Feb '11	38,135
Jan '11	32,751
Dec '10	30,358
Nov '10	33,364
Oct '10	28,665
Sep '10	28,420
Aug '10	27,542
Jul '10	28,053
Jun '10	27,679
May '10	26,906
Apr '10	26,317
Mar '10	28,094
Feb '10	28,042
Jan '10	24,004