This statistic illustrates the outcome of commercial mortgage applications for small and medium enterprises (SMEs) in the United Kingdom (UK) in 2019. It can be seen that 19 percent of SMEs in the UK stated that there was no outcome of their mortgage applications at that time. Although this was the case, a total of 67 percent of SMEs stated that they received the full amount requested in their commercial mortgage applications in 2019.
Outcome of commercial mortgage applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019
SMEs that applied for finance in the last 12 months
Method of interview
Computer-assisted telephone interviews (CATI)
Supplementary notes
Survey was conducted among small and medium businesses with employees. Three categories were distinguished, based on employees numbers: micro businesses (1 to 9 employees), small businesses (10 to 49 employees) and medium businesses (50 to 250 employees).
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GOV.UK. (June 4, 2020). Outcome of commercial mortgage applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 [Graph]. In Statista. Retrieved June 28, 2022, from https://www.statista.com/statistics/594443/sme-mortgage-application-outcomes-united-kindom/
GOV.UK. "Outcome of commercial mortgage applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019." Chart. June 4, 2020. Statista. Accessed June 28, 2022. https://www.statista.com/statistics/594443/sme-mortgage-application-outcomes-united-kindom/
GOV.UK. (2020). Outcome of commercial mortgage applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019. Statista. Statista Inc.. Accessed: June 28, 2022. https://www.statista.com/statistics/594443/sme-mortgage-application-outcomes-united-kindom/
GOV.UK. "Outcome of Commercial Mortgage Applications for Small and Medium Enterprises (Smes) in The United Kingdom (Uk) as of 2019." Statista, Statista Inc., 4 Jun 2020, https://www.statista.com/statistics/594443/sme-mortgage-application-outcomes-united-kindom/
GOV.UK, Outcome of commercial mortgage applications for small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019 Statista, https://www.statista.com/statistics/594443/sme-mortgage-application-outcomes-united-kindom/ (last visited June 28, 2022)
