Median loan-to-value ratio for mortgage sales in the United Kingdom 2016-2022
In 2022, the number of mortgage sales (PSD) in the United Kingdom (UK) stood at about 1.2 million for the year. The median loan-to-value ratio in the United Kingdom for sales made in 2022 was approximately 69 percent. This meant that the average mortgage covered 69 percent of the property sales price, leaving the home acquirer to cover the remaining 31 percent with their own savings.
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.
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.
