As a result of the coronavirus (COVID-19) pandemic, the number of residential mortgage approvals in the United Kingdom (UK) plummeted in the second quarter of 2020. With the easing of the measures, the market quickly headed for recovery. Nevertheless, the total number of mortgage approvals in 2020 remained below the five-year average.
Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020
Characteristic
Numbers of approvals
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Statista. (May 3, 2021). Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020 [Graph]. In Statista. Retrieved July 22, 2024, from https://www.statista.com/statistics/1247025/annual-number-of-mortgage-approvals-in-the-uk/
Statista. "Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020." Chart. May 3, 2021. Statista. Accessed July 22, 2024. https://www.statista.com/statistics/1247025/annual-number-of-mortgage-approvals-in-the-uk/
Statista. (2021). Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020. Statista. Statista Inc.. Accessed: July 22, 2024. https://www.statista.com/statistics/1247025/annual-number-of-mortgage-approvals-in-the-uk/
Statista. "Annual Number of Mortgage Approvals Compared with The Five-year Average in The United Kingdom (Uk) from 2015 to 2020." Statista, Statista Inc., 3 May 2021, https://www.statista.com/statistics/1247025/annual-number-of-mortgage-approvals-in-the-uk/
Statista, Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020 Statista, https://www.statista.com/statistics/1247025/annual-number-of-mortgage-approvals-in-the-uk/ (last visited July 22, 2024)
Annual number of mortgage approvals compared with the five-year average in the United Kingdom (UK) from 2015 to 2020 [Graph], Statista, May 3, 2021. [Online]. Available: https://www.statista.com/statistics/1247025/annual-number-of-mortgage-approvals-in-the-uk/