Average value of mortgages granted in the UK 2016-2023, per quarter

Published by Statista Research Department, Dec 4, 2023

The average value of mortgage loans granted in the UK since 2016 ranged between 156,000 British pounds and 203,000 British pounds. In the third quarter of 2023, the average mortgage loan amounted to nearly 164,000 British pounds, a decrease from the same period in 2022 when the figure peaked at approximately 203,000 British pounds. The overall increase in the average value of mortgages granted in 2020 correlated with the housing boom and the increase in house prices since the outbreak of the coronavirus (COVID-19) pandemic.

Average value of mortgages granted in the United Kingdom (UK) from 1st quarter 2016 to to 3rd quarter 2023 (in 1,000 GBP)

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