Lending to Individuals July 2005

30 August 2005

The increase in total net lending to individuals in July (£7.7 billion) was lower than in June and lower than the previous six month average (Table A).

Within the total, the increase in net lending secured on dwellings (£6.5 billion) was weaker than the increase in June and weaker than the previous six month average. The twelve-month growth rate fell to 10.4% in July, from 10.8% in June. The number of loans approved for house purchase was slightly higher than in June; while those for remortgaging were also higher, but those for other purposes were lower (Table B).

The increase in consumer credit (£1.2 billion) was weaker than June’s outturn (Table A). Within this, both net credit card lending and net other loans were weaker than in June and their respective previous six month averages.

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 (69k)
Microsoft Excel Version (22k)
Table B - Approvals secured on dwellings
PDF Version (58k)
Microsoft Excel Version (22k)
Table C - Total lending to individuals, lending secured on dwellings and consumer credit
PDF Version (83k)
Microsoft Excel Version (52k)

Revisions

Revisions to Table A (52k)

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 September 2005

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