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 second quarter of 2019, broken down by loan purpose. It can be seen that the share of gross advances for remortgaging fluctuated during this period, reaching a share of 29.62 percent as of the second quarter of 2019. This was an increase of approximately 2.5 percent in comparison to the first quarter of 2015. Furthermore, the share of gross advances for house purchase remained the largest during the period under observation, reaching a maximum of 70.4 percent in the third quarter of 2015.
Distribution of gross advances on residential loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2019, by loan purpose
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Statistics on "Mortgages in the United Kingdom (UK)"
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Financial Conduct Authority, & Bank of England. (October 9, 2019). Distribution of gross advances on residential loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2019, by loan purpose [Graph]. In Statista. Retrieved February 19, 2020, from https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority, und Bank of England. "Distribution of gross advances on residential loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2019, by loan purpose ." Chart. October 9, 2019. Statista. Accessed February 19, 2020. https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority, Bank of England. (2019). Distribution of gross advances on residential loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2019, by loan purpose . Statista. Statista Inc.. Accessed: February 19, 2020. https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority, and Bank of England. "Distribution of Gross Advances on Residential Loans in The United Kingdom (Uk) from The 1st Quarter 2015 to The 2nd Quarter 2019, by Loan Purpose ." Statista, Statista Inc., 9 Oct 2019, https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority & Bank of England, Distribution of gross advances on residential loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2019, by loan purpose Statista, https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/ (last visited February 19, 2020)
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