In 2022, the number of mortgage sales (PSD) in the United Kingdom (UK) stood at over 1.1 million for the year. Of these, the vast majority of mortgage sales were made up of remortgagors, home movers and first time buyers. In that year, there were close to 320,500 remortgages in the UK. A remortgage is when a new mortgage is taken out for the process of paying off a previous mortgage. In this case, the new property is used as security on the new mortgage. Product sales data (PSD) is collected by the Financial Conduct Authority (FCA) and includes new sales (including remortgages); transfers, top-ups, alterations (such as mortgage switches with the same lender). It does not include data on transactions made through fund supermarkets and nominee accounts (such as those used in platforms), and increments and renewals are generally not included according to the source. In the UK, all home finance providers are required to submit the mortgage PSD.
Total number of mortgage sales in the United Kingdom (UK) in 2022, by type of borrower
(in 1,000s)
Characteristic
Mortgage sales in thousands
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Statista. (December 7, 2023). Total number of mortgage sales in the United Kingdom (UK) in 2022, by type of borrower (in 1,000s) [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1077550/total-number-of-mortgage-sales-in-the-united-kingdom-by-borrower/
Statista. "Total number of mortgage sales in the United Kingdom (UK) in 2022, by type of borrower (in 1,000s)." Chart. December 7, 2023. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1077550/total-number-of-mortgage-sales-in-the-united-kingdom-by-borrower/
Statista. (2023). Total number of mortgage sales in the United Kingdom (UK) in 2022, by type of borrower (in 1,000s). Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1077550/total-number-of-mortgage-sales-in-the-united-kingdom-by-borrower/
Statista. "Total Number of Mortgage Sales in The United Kingdom (Uk) in 2022, by Type of Borrower (in 1,000s)." Statista, Statista Inc., 7 Dec 2023, https://www.statista.com/statistics/1077550/total-number-of-mortgage-sales-in-the-united-kingdom-by-borrower/
Statista, Total number of mortgage sales in the United Kingdom (UK) in 2022, by type of borrower (in 1,000s) Statista, https://www.statista.com/statistics/1077550/total-number-of-mortgage-sales-in-the-united-kingdom-by-borrower/ (last visited August 25, 2024)
Total number of mortgage sales in the United Kingdom (UK) in 2022, by type of borrower (in 1,000s) [Graph], Statista, December 7, 2023. [Online]. Available: https://www.statista.com/statistics/1077550/total-number-of-mortgage-sales-in-the-united-kingdom-by-borrower/