Mortgage Lenders and Administrators Statistics - 2018 Q1

• 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

Long run versions of the summary and detailed tables are now available in Excel format, for data going back to Q1 2007. These have been sourced from data published by the FSA on their archive pages prior to Q1 2013 and data published by the Bank of England from Q1 2013.

MLAR statistics: summary tables

MLAR statistics: detailed tables

MLAR Survey

The Financial Conduct Authority are carrying out a survey where you can tell us what you think of the MLAR publication:

Take part in the MLAR survey

Please note:

We are aware of an issue regarding the increase in administered arrears from Q3 2016 and we are investigating, along with the FCA, the cause and possible solutions. We found there was an issue in our firm reporting data for administered arrears where the category of ‘other’ administered loans, which should not have been reported to us, was being included. This inflated the arrears figures published. We have since requested a resubmission of reports and as a result we are expecting to restate the arrears figures in the forthcoming publications.

Further details about mortgage lenders and administrators statistics

Further details on MLAR available from the FCA

MLAR form

If you have any comments or queries about this release please email mlar@bankofengland.co.uk.