According to the forecast, the total value of mortgage lending in the United Kingdom (UK) will reach 247 billion British pounds by 2024. House purchases by homeowners comprise the largest share of lending. In 2024, this type of mortgages are expected to reach 122 billion British pounds.
Value of mortgage lending in the United Kingdom (UK) from 2016 to 2021 and forecast until 2024, by loan purpose
(in billion GBP)
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UK Finance. (December 12, 2022). Value of mortgage lending in the United Kingdom (UK) from 2016 to 2021 and forecast until 2024, by loan purpose (in billion GBP) [Graph]. In Statista. Retrieved November 16, 2024, from https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/
UK Finance. "Value of mortgage lending in the United Kingdom (UK) from 2016 to 2021 and forecast until 2024, by loan purpose (in billion GBP)." Chart. December 12, 2022. Statista. Accessed November 16, 2024. https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/
UK Finance. (2022). Value of mortgage lending in the United Kingdom (UK) from 2016 to 2021 and forecast until 2024, by loan purpose (in billion GBP). Statista. Statista Inc.. Accessed: November 16, 2024. https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/
UK Finance. "Value of Mortgage Lending in The United Kingdom (Uk) from 2016 to 2021 and Forecast until 2024, by Loan Purpose (in Billion Gbp)." Statista, Statista Inc., 12 Dec 2022, https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/
UK Finance, Value of mortgage lending in the United Kingdom (UK) from 2016 to 2021 and forecast until 2024, by loan purpose (in billion GBP) Statista, https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/ (last visited November 16, 2024)
Value of mortgage lending in the United Kingdom (UK) from 2016 to 2021 and forecast until 2024, by loan purpose (in billion GBP) [Graph], UK Finance, December 12, 2022. [Online]. Available: https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/
