Lending to Individuals March 2009

1 May 2009

The increase in total net lending to individuals in March (£0.9 billion) was lower than the February increase and below the previous six-month average (Table A). The twelve-month growth rate continued to fall, by 0.4 percentage points to 2.2%, and the three-month annualised growth rate fell by 0.3 percentage points to 1.0%.

Within the total, the increase in net lending secured on dwellings (£0.8 billion) was lower than the February increase and below the previous six-month average (Table A).  The twelve-month growth rate fell further, by 0.4 percentage points to 2.0%. The three-month annualised growth rate fell by 0.4 percentage points to 1.0%. The number of loans approved for house purchase (39,230) was higher than in February and higher than the previous six-month average. Approvals for remortgaging (31,746) were higher than in February, but below the previous six-month average, and those for other purposes (30,002) were lower than in February and below the previous six-month average (Table B).

Consumer credit increased by a net £0.1 billion, unchanged from revised February figures and below the previous six‑month average (Table A). Net credit card lending increased by £0.3 billion and net other loans and advances fell by£0.1 billion. The annual growth rate of consumer credit continued to fall, to 3.2%; the three-month annualised growth rate fell by 0.4 percentage points to 0.6%.
Net lending to individuals

Approvals secured on dwellings

This is a 9.3k graphic chart for growth rates of seasonally adjusted lending secured on dwellindgs This is a 8.9k graphic chart for growth rates of seasonally adjusted consumer credit.

Click on the above images to enlarge

Tables

Table A - Net lending to individuals

PDF Version (11k)
Microsoft Excel Version (20k)
Table B - Approvals secured on dwellings
PDF Version (10k)
Microsoft Excel Version (20k)
Table C - Total lending to individuals, lending secured on dwellings and consumer credit
PDF Version (20k)
Microsoft Excel Version (52k)

Revisions

Revisions to Table A (11k)

Notes to Editors

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

Comments and Queries

This Statistical Release can be viewed as a complete PDF file or in sections. Click on the appropriate heading to access the file. To view these documents for best results you should use the latest Adobe 5.0 Reader.

 

If you have any comments/queries with regard to this release please email us and we will be pleased to help.

Next release date: 2 June 2009

Back to the top Back to Lending to Individuals 2006 main page