The monthly number of approvals for remortgaging loans to individuals in the United Kingdom (UK) increased between 2012 and 2020, before plummeting in the beginning of 2022 due to the coronavirus pandemic. In the following months, the remortgaging activity headed for recovery and in October 2022, there were about 51,000 approvals. Nevertheless, November 2022 experienced another dramatic drop and the number of approvals fell to approximately 33,000. House purchase mortgage approvals
Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022
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Statistics
Bank of England. (January 12, 2023). Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022 [Graph]. In Statista. Retrieved May 09, 2024, from https://www.statista.com/statistics/428600/uk-banking-number-approvals-remortgaging/
Bank of England. "Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022." Chart. January 12, 2023. Statista. Accessed May 09, 2024. https://www.statista.com/statistics/428600/uk-banking-number-approvals-remortgaging/
Bank of England. (2023). Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022. Statista. Statista Inc.. Accessed: May 09, 2024. https://www.statista.com/statistics/428600/uk-banking-number-approvals-remortgaging/
Bank of England. "Number of Approvals for Remortgaging in The United Kingdom (Uk) from January 2010 to November 2022." Statista, Statista Inc., 12 Jan 2023, https://www.statista.com/statistics/428600/uk-banking-number-approvals-remortgaging/
Bank of England, Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022 Statista, https://www.statista.com/statistics/428600/uk-banking-number-approvals-remortgaging/ (last visited May 09, 2024)
Number of approvals for remortgaging in the United Kingdom (UK) from January 2010 to November 2022 [Graph], Bank of England, January 12, 2023. [Online]. Available: https://www.statista.com/statistics/428600/uk-banking-number-approvals-remortgaging/