Mortgage Approvals in the United Kingdom increased to 67.24 Thousand in December from 65.51 Thousand in November of 2019. Mortgage Approvals in the United Kingdom averaged 84.03 Thousand from 1986 until 2019, reaching an all time high of 151.80 Thousand in May of 1988 and a record low of 26.36 Thousand in November of 2008. Mortgage approvals for house purchase refers to the firm offers of lenders to advance credit secured on specific dwellings to their customers. It covers approvals that are fully secured on residential property by a first mortgage. It includes existing borrowers transferring their existing mortgage to another property, lending to first-time purchasers and lending for buy-to-let purposes. This page provides the latest reported value for – United Kingdom Mortgage Approvals – plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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