Mortgage Lenders and Administrators Statistics - 2018 Q2

The Mortgage Lenders and Administrators Return (MLAR) is a quarterly statistical release aggregated from data on mortgage lending activities provided by around 340 regulated mortgage lenders and administrators.
Published on 11 September 2018
  • The outstanding value of all residential loans continued to increase in 2018 Q2 to £1,417.2 billion, 3.8% higher than a year ago (Q2 2017). 
  • Compared to the second quarter of last year, total gross advances increased by 6.4% to £66.7 billion. There was also a growth of 6.9% in gross advances from the first quarter of 2018. 
  • Re-mortgaging, as a proportion of new lending, has declined by 2.0 percentage points, compared to the previous quarter, and accounts for 30.8% of new lending, the total value of re-mortgaging lending was £20.5 billion in 2018 Q2. 
  • The value of new commitments was £73.2billion, an increase of 19.8% from Q1 2018. 
  • The share of buy-to-let (BTL) lending has declined since 2018 Q1, accounting for 13.1% of new lending. 

PDFMortgage Lenders and Administrators Statistics - 2018 Q2

Give your feedback

Was this page useful?
Yes
No
Add your details...