Mortgage Lenders and Administrators Statistics - 2016 Q4

• £62.8 billion of new residential loans was advanced to individuals during October-December 2016. This was a 2.6% decrease compared to the previous quarter and a decrease of 0.4% over the past four quarters
• At 22.0%, the share of First Time Buyers in new mortgage advances reached its highest level since the time series began in 2007. This coincides with the increase in high LTV lending, although this is significantly lower than the pre-crisis level.
• The proportion of total loan balances in arrears has decreased to 1.3% at the end of Q4 2016, the lowest level since the series began. The outstanding balance in arrears is now £17.2 billion.

Mortgage lenders and administrators statistical release - 2016 Q4

Next release date: 13 June 2017

• Further details about mortgage lenders and administrators statistics
• Further details on MLAR available from the FCA
• MLAR form