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Average value of mortgages granted in the United Kingdom (UK) from 1st quarter 2016 to to 3rd quarter 2024 (in 1,000 GBP)

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Source

Release date

November 2024

Region

United Kingdom

Survey time period

Q1 2016 to Q3 2024

Supplementary notes

Calculated by ÌÇÐÄÆƽâ°æ based on .

Citation formats

Average value of mortgages granted in the UK 2016-2024, by quarter

Published by ÌÇÐÄÆƽâ°æ Research Department, Nov 7, 2024

The average value of mortgage loans granted in the UK since 2016 ranged between ** British pounds and ** British pounds. In the third quarter of 2024, the average mortgage loan amounted to nearly ** British pounds - the second-highest figure on record after the third quarter of 2022. The overall increase in the average value of mortgages granted can be explained by the accelerated increase in house prices since the outbreak of the coronavirus (COVID-19) pandemic.

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Topics

Mortgages in the UKHousing market in the U.S.Mortgage industry in the U.S.Mortgage industry worldwide: developed marketsResidential real estate in Europe
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