Lending to Individuals April 2005

1 June 2005

The increase in total net lending to individuals in April (£8.6 billion) was weaker than in March and the previous six month average (Table A).

Within the total, the increase in net lending secured on dwellings (£7.3 billion) was stronger than the increase in March and the previous six month average, but the twelve-month growth rate fell to 11.3% from 11.7% in March. The value and number of loans approved for house purchase, remortgaging and for other purposes were all higher than in March (Table B).

The increase in consumer credit (£1.3 billion) was the weakest since December 2003 (Table A). Within this, net credit card lending was the weakest since June 2001, whereas net other loans were broadly in line with the previous six month average.

Net lending to individuals

Approvals secured on dwellings

This is a 9.3k graphic chart for growth rates of seasonally adjusted M4 This is a 8.9k graphic chart for growth rates of seasonally adjusted M4

Click on the above images to enlarge

Tables

Table A - Net lending to individuals

PDF Version (71k)
Microsoft Excel Version (19k)
Table B - Approvals secured on dwellings
PDF Version (58k)
Microsoft Excel Version (20k)
Table C - Total lending to individuals, lending secured on dwellings and consumer credit
PDF Version (75k)
Microsoft Excel Version (104k)

Revisions

Revisions to Table A (54k)

Notes to Editors

Notes and definitions for lending to individuals
Information on growth rates and revisions policy.

Comments and Queries

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Next release date: 29 June 2005

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