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Gross mortgage lending of building societies in the United Kingdom (UK) 2017-2020

Building societies, unlike banks are not listed on the stock market and thus, don't have external shareholders. Instead, the "owners" and decision makers of building societies are mortgage borrowers, savers and current account holders. Building societies offer many traditional banking products and financial services such as mortgage lending, savings and current accounts.
This statistic shows the monthly development in the value of gross mortgage lending provided by the building societies in the United Kingdom (UK) from January 2017 to September 2020. As of September 2020, the gross mortgage lending by building societies reached levels of approximately 5.2 billion British pounds, which was approximately 300 million British pounds higher compared with September 2020. The fluctuation in lending can also be seen in the number of mortgage loan approvals.

Monthly value of building societies residential mortgage loans in the United Kingdom (UK) from January 2017 to September 2020

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Source

Release date

November 2020

Region

United Kingdom

Survey time period

January 2017 to September 2020

Supplementary notes

* Balances outstanding are affected by securtization activity in the month.
The source added the following information, "Mortgage lending is made up of loans to individuals and housing associations secured on dwellings up to November 2013. From December 2013 mortgage lending excludes loans to housing associations."

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

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