Mortgage Lenders and Administrators Statistics - 2019 Q3

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 10 December 2019

Key findings

  • The outstanding value of all residential mortgage loans was £1,486 billion in 2019 Q3, 3.9% higher than a year earlier (Table A).
  • The value of gross mortgage advances was £73.3 billion, broadly unchanged in comparison to 2018 Q3 (Table A and Chart 1).
  • The value of new mortgage commitments (lending agreed to be advanced in the coming months) was 1.1% higher than a year earlier, at £73.8 billion (Table A and Chart 1).
  • The share of mortgages advanced in Q3 with loan to value (LTV) ratios exceeding 90% increased to 5.9%. Lending in this LTV bracket is at its highest since 2008 Q4 (Chart 3).
  • The share of gross mortgage lending for buy-to-let purposes (covering house purchase, remortgage and further advance) was 12.3%, consistent with 2018 Q3 (Chart 5).
  • The value of outstanding balances with some arrears fell significantly to £13.7 billion, and now accounts for 0.92% of outstanding mortgage balances (Chart 6).

PDFMortgage lenders and administrators statistics - 2019 Q3

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.

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

Next release date: 10 March 2020
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