The share of mortgages for the purpose of a home purchase in the UK has fluctuated between 56 and 78 percent since 2014. In the second quarter of 2024, about 66.5 percent of mortgage lending was for a home purchase and 28.6 percent was remortgage loans.
Distribution of gross advances on residential mortgage loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2024, by loan purpose
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Financial Conduct Authority, & Bank of England. (November 7, 2024). Distribution of gross advances on residential mortgage loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2024, by loan purpose [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority, und Bank of England. "Distribution of gross advances on residential mortgage loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2024, by loan purpose ." Chart. November 7, 2024. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority, Bank of England. (2024). Distribution of gross advances on residential mortgage loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2024, by loan purpose . Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority, and Bank of England. "Distribution of Gross Advances on Residential Mortgage Loans in The United Kingdom (Uk) from The 1st Quarter 2015 to The 2nd Quarter 2024, by Loan Purpose ." Statista, Statista Inc., 7 Nov 2024, https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/
Financial Conduct Authority & Bank of England, Distribution of gross advances on residential mortgage loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2024, by loan purpose Statista, https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/ (last visited December 30, 2024)
Distribution of gross advances on residential mortgage loans in the United Kingdom (UK) from the 1st quarter 2015 to the 2nd quarter 2024, by loan purpose [Graph], Financial Conduct Authority, & Bank of England, November 7, 2024. [Online]. Available: https://www.statista.com/statistics/429451/uk-residential-loans-house-purchase-by-purpose-gross-advance/