- Compared to last year, there has been an increase in total gross advances by 3.3% to £62.4 billion. Comparing gross advances to Q4 2017 however, there has been a decrease of 9.6%.
- The value of new commitments was £61.1 billion, a 5.9% decrease from Q4 2017.
- The share of buy-to-let (BTL) lending has increased for the first time since 2017 Q1, accounting for 14.1% of new lending.
Mortgage lenders and administrators statistical release - 2018 Q1