According to the forecast, the total value of mortgage lending in the United Kingdom (UK) will reach 207 billion British pounds by 2025. House purchases by homeowners comprise the largest share of lending. In 2025, these types of mortgages are expected to reach 123 billion British pounds.
Value of mortgage lending in the United Kingdom (UK) from 2016 to 2022 and forecast until 2025, by loan purpose
(in billion GBP)
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UK Finance. (December 11, 2023). Value of mortgage lending in the United Kingdom (UK) from 2016 to 2022 and forecast until 2025, by loan purpose (in billion GBP) [Graph]. In Statista. Retrieved December 17, 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 2022 and forecast until 2025, by loan purpose (in billion GBP)." Chart. December 11, 2023. Statista. Accessed December 17, 2024. https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/
UK Finance. (2023). Value of mortgage lending in the United Kingdom (UK) from 2016 to 2022 and forecast until 2025, by loan purpose (in billion GBP). Statista. Statista Inc.. Accessed: December 17, 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 2022 and Forecast until 2025, by Loan Purpose (in Billion Gbp)." Statista, Statista Inc., 11 Dec 2023, 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 2022 and forecast until 2025, by loan purpose (in billion GBP) Statista, https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/ (last visited December 17, 2024)
Value of mortgage lending in the United Kingdom (UK) from 2016 to 2022 and forecast until 2025, by loan purpose (in billion GBP) [Graph], UK Finance, December 11, 2023. [Online]. Available: https://www.statista.com/statistics/429086/home-purchase-moving-remortgage-loans-value-uk/