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Number of mortgage approvals in the United Kingdom (UK) 2018-2019

Published by Statista Research Department, Dec 4, 2020
This statistic displays the total monthly number of mortgage approvals in the United Kingdom (UK) from July 2018 to October 2020. As a result of the coronavirus (COVID-19) pandemic, the number of mortgage approvals plunged in the second quarter of 2020, reaching their lowest value of 45,950 in May 2020. The drop was experienced primarily in house purchase approvals and was followed by a gradual recovery in the following months. In October 2020, the number of total approvals exceeded the pre-pandemic values.

Total number of mortgage approvals in the United Kingdom (UK) from July 2018 to October 2020, by loan type (in 1,000s)

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Release date

November 2020

Region

United Kingdom

Survey time period

July 2018 to October 2020

Supplementary notes

Seasonally adjusted.

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