Mortgage approvals by building societies in the United Kingdom (UK) 2017-2019

This statistic shows the monthly development in the mortgage lending approvals issued by the building societies in the United Kingdom (UK) from January 2017 to September 2019. Building societies, unlike banks are not listed on the stockmarket and thus, don't have external shareholders. Instead, the "owners" and decision makers in 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.
In the last three years, the highest number of approvals took place in March 2017 at over 45 thousand. As of September 2019, the number of mortgage approvals amounted to approximately 32.9 thousand. The highest value of building societies residential mortgage loans during that period was recorded in October 2018.

Number of mortgage loan approvals by building societies in the United Kingdom (UK) from January 2017 to September 2019

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Source

Release date

November 2019

Region

United Kingdom

Survey time period

January 2017 to September 2019

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