Mortgage lending figures for the United Kingdom, from the Bank of England, the Financial Conduct Authority and the Finance and Leasing Association.
27.32%
First-time buyer share Q2 2026
First-time buyers accounted for 27.319 per cent of the value of gross residential loan advances in the United Kingdom in the second quarter of 2026.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 1, Bank of England, Q2 2026
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators. Share of gross advances by value (£ amounts); first-time buyers are a sub-group of house purchase.
3.4%
Mortgage lending growth
The 12-month growth rate of lending secured on dwellings to individuals was 3.4 per cent in the United Kingdom in September 2026.
Source: Monthly 12 month growth rate of total sterling net secured lending to individuals (in percent) seasonally adjusted, Bank of England, September 2026
Seasonally adjusted.
8.00%
Buy-to-let share of advances
Buy-to-let lending accounted for 8.002 per cent of the value of gross residential loan advances in the United Kingdom in the second quarter of 2026.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 1, Bank of England, Q2 2026
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators. Share of gross advances by value (£ amounts).
90.57%
Fixed-rate share of advances
Fixed-rate loans accounted for 90.569 per cent of the value of gross residential loan advances in the United Kingdom in the second quarter of 2026.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 1, Bank of England, Q2 2026
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators.
52.52%
Advances up to 75% LTV
Loans with a loan to value ratio of 75 per cent or less accounted for 52.52 per cent of the value of gross residential loan advances in the United Kingdom in the second quarter of 2026.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 2, Bank of England, Q2 2026
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators.
19.98%
Interest-only share of balances
Interest-only loans accounted for 19.984 per cent of outstanding residential mortgage balances in the United Kingdom at the end of the second quarter of 2026.
Source: MLAR statistics: detailed tables, Financial Conduct Authority, Q2 2026
Residential loans to individuals, regulated and non-regulated, not seasonally adjusted; reported by mortgage lenders and administrators; Share of balances outstanding by payment type.
3.1%
Annual change in balances
The outstanding value of all residential mortgage loans in the United Kingdom at the end of the second quarter of 2026 was 3.1 per cent higher than a year earlier.
Source: Commentary on Mortgage lending statistics Q2 2026, Financial Conduct Authority, Q2 2026
Residential loans to individuals, regulated and non-regulated, not seasonally adjusted; reported by mortgage lenders and administrators; Figure quoted in the published commentary
27%
Adults with a residential mortgage
In 2024, 27 per cent of adults in the United Kingdom had a residential mortgage on the property they lived in.
Source: Financial Lives 2024 survey: Annex A (Product holdings), Financial Conduct Authority, 2024
Survey estimate, base all UK adults; fieldwork 5 February to 16 June 2024
£24.2bn
Gross mortgage lending
Gross lending secured on dwellings to individuals was £24,219 million in the United Kingdom in September 2026.
Source: Monthly changes of total sterling secured gross lending to individuals (in sterling millions) seasonally adjusted, Bank of England, September 2026
Seasonally adjusted.
£3,866m
Net mortgage lending
Net lending secured on dwellings to individuals was £3,866 million in the United Kingdom in September 2026.
Source: Monthly changes of total sterling net secured lending to individuals (in sterling millions) seasonally adjusted, Bank of England, September 2026
Seasonally adjusted. The Bank notes that gross lending minus repayments does not equal net lending because of seasonal adjustment methods.
£1,734.6bn
Mortgage balances
The amount outstanding of lending secured on dwellings to individuals was £1,734,565 million in the United Kingdom at the end of September 2026.
Source: Monthly amounts outstanding of total sterling net secured lending to individuals (in sterling millions) seasonally adjusted, Bank of England, September 2026
Seasonally adjusted.
£77.4bn
Gross advances
Gross advances of residential loans to individuals were £77,380.649 million in the United Kingdom in the second quarter of 2026.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 1, Bank of England, Q2 2026
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators.
14,778,878
Number with a residential mortgage
In 2024, an estimated 14,778,878 adults in the United Kingdom had a residential mortgage on the property they lived in.
Source: Financial Lives 2024 survey: Annex A (Product holdings), Financial Conduct Authority, 2024
Gross weighted estimate of UK adults; fieldwork 5 February to 16 June 2024
44,709
Second charge agreements
The number of new second charge mortgage agreements written by reporting lenders was 44,709 in the United Kingdom in the 12 months to August 2026.
Source: Second charge mortgage new business volumes fell by 3% in August 2026, Finance and Leasing Association, 12 months to August 2026
Lending by FLA members only; the table gives no geography (UK per publisher).
£2,394m
Second charge business value
The value of new second charge mortgage business written by reporting lenders was £2,394 million in the United Kingdom in the 12 months to August 2026.
Source: Second charge mortgage new business volumes fell by 3% in August 2026, Finance and Leasing Association, 12 months to August 2026
Lending by FLA members only; the table gives no geography (UK per publisher).
24.17%
First-time buyer share Q4 2022
First-time buyers accounted for 24.167 per cent of the value of gross residential loan advances in the United Kingdom in the fourth quarter of 2022.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 1, Bank of England, Q4 2022
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators. Share of gross advances by value (£ amounts); first-time buyers are a sub-group of house purchase.
21.44%
First-time buyer share Q4 2019
First-time buyers accounted for 21.444 per cent of the value of gross residential loan advances in the United Kingdom in the fourth quarter of 2019.
Source: Mortgage Lenders and Administrators Statistics, long run summary tables, Summary 1, Bank of England, Q4 2019
Not seasonally adjusted. Residential loans to individuals, regulated and non-regulated, reported by mortgage lenders and administrators. Share of gross advances by value (£ amounts); first-time buyers are a sub-group of house purchase.