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House purchase loans distribution (gross advances) in the UK 2015-2020, by purpose

This statistic illustrates a breakdown of gross advances on residential loans for house purchase issued to individuals in the United Kingdom (UK) from the first quarter of 2015 to the third quarter of 2020, roken down by loan purpose. It can be seen that the share of gross advances for house purchase fluctuated during the period. In the second quarter of 2020, the share of house purchase loans dropped due to the coronavirus pandemic and the interruption of normal business activities. The third quarter of the year followed with an increase in the share of house purchase mortgages from nearly 56 percent to over 68 percent.

Distribution of gross advances on residential loans in the United Kingdom (UK) from the 1st quarter 2015 to the 3rd quarter 2020, by loan purpose

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Sources

Release date

December 2020

Region

United Kingdom

Survey time period

1st quarter 2015 to 3rd quarter 2020

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Statistics on "Mortgages in the United Kingdom (UK)"

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