In 2023, the number of mortgage sales in the UK stood at over 888,000. Of these, the vast majority were taken out by individuals without an impaired credit history. Additionally, the majority of these mortgage loans were taken out via an intermediary.
Total number of mortgage sales in the United Kingdom (UK) from 2014 to 2023, by credit history
(in 1,000s)
Glossary of definitions can be found here. * Mortgages advanced to people without an impaired credit history. ** Mortgages advanced to people with an impaired credit history. Calculated by Statista based on figures by the Financial Conduct Authority.
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 United Kingdom all home finance providers are required to submit the mortgage PSD.
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Statista. (June 27, 2024). Total number of mortgage sales in the United Kingdom (UK) from 2014 to 2023, by credit history (in 1,000s) [Graph]. In Statista. Retrieved December 19, 2024, from https://www.statista.com/statistics/1077588/total-number-of-mortgage-sales-in-the-united-kingdom-by-credit-history/
Statista. "Total number of mortgage sales in the United Kingdom (UK) from 2014 to 2023, by credit history (in 1,000s)." Chart. June 27, 2024. Statista. Accessed December 19, 2024. https://www.statista.com/statistics/1077588/total-number-of-mortgage-sales-in-the-united-kingdom-by-credit-history/
Statista. (2024). Total number of mortgage sales in the United Kingdom (UK) from 2014 to 2023, by credit history (in 1,000s). Statista. Statista Inc.. Accessed: December 19, 2024. https://www.statista.com/statistics/1077588/total-number-of-mortgage-sales-in-the-united-kingdom-by-credit-history/
Statista. "Total Number of Mortgage Sales in The United Kingdom (Uk) from 2014 to 2023, by Credit History (in 1,000s)." Statista, Statista Inc., 27 Jun 2024, https://www.statista.com/statistics/1077588/total-number-of-mortgage-sales-in-the-united-kingdom-by-credit-history/
Statista, Total number of mortgage sales in the United Kingdom (UK) from 2014 to 2023, by credit history (in 1,000s) Statista, https://www.statista.com/statistics/1077588/total-number-of-mortgage-sales-in-the-united-kingdom-by-credit-history/ (last visited December 19, 2024)
Total number of mortgage sales in the United Kingdom (UK) from 2014 to 2023, by credit history (in 1,000s) [Graph], Statista, June 27, 2024. [Online]. Available: https://www.statista.com/statistics/1077588/total-number-of-mortgage-sales-in-the-united-kingdom-by-credit-history/