Mortgage Applications in the United Kingdom increased to 46815 Units in December from 44058 Units in November of 2019. Mortgage Applications in the United Kingdom averaged 50637.28 Units from 1997 until 2019, reaching an all time high of 92221.00 Units in March of 2002 and a record low of 17599.00 Units in November of 2008. source: UK Finance

Related	Last	Previous	Unit	Reference
Average House Prices	291029.00	287244.00	GBP	Jan 2024
Construction Orders YoY	-30.24	-20.00	percent	Dec 2023
Construction Output YoY	-2.00	2.00	percent	Feb 2024
S&P Global Construction PMI	50.20	49.70	points	Mar 2024
Mortgage Lending	1510.00	-1073.00	GBP Million	Feb 2024
Home Ownership Rate	65.20	65.00	percent	Dec 2018
Halifax House Price Index MoM	-1.00	0.30	percent	Mar 2024
Halifax House Price Index YoY	0.30	1.60	percent	Mar 2024
Housing Index	497.36	502.38	points	Mar 2024
Housing Starts	19080.00	21190.00	units	Dec 2023
Mortgage Approvals	60.38	56.09	Thousand	Feb 2024
BBA Mortgage Rate	7.92	7.92	percent	Mar 2024
Nationwide Housing Prices	520.95	519.51	points	Mar 2024
Nationwide Housing Prices MoM	-0.20	0.70	percent	Mar 2024
Nationwide Housing Prices YoY	1.60	1.20	percent	Mar 2024
Price to Rent Ratio	118.75	120.36		Dec 2023
Private Rental Prices	9.20	9.00	percent	Mar 2024
Residential Property Prices	-1.71	-0.79	Percent	Dec 2023
RICS House Price Balance	-4.00	-9.68	percent	Mar 2024

United Kingdom UK Finance Mortgage Approvals

UK Finance Mortagge Approvals for the United Kingdom show the number of approvals given for house purchase, excluding remortgaging and those for other purposes. Data include customers' activity of Barclays, HSBC Bank, Lloyds Banking Group, Royal Bank of Scotland Group, Santander UK, TSB and Virgin Money, which collectively account for around two-thirds of domestic retail banking assets.