Gross mortgage lending market share of leading UK banks 2022-2023
- statista.com
Updated Aug 26, 2024
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EmailClick to copy linkLink copiedCiteStatista (2024). Gross mortgage lending market share of leading UK banks 2022-2023 [Dataset]. https://www.statista.com/statistics/727348/uk-banks-gross-lending-market-share/Dataset updatedAug 26, 2024Area coveredUnited KingdomDescriptionThe 10 largest mortgage lenders in the United Kingdom accounted for approximately 81 percent of the total market, with the top three alone accounting for 41 percent in 2023. Lloyds Banking Group had the largest market share of gross mortgage lending, with nearly 36.8 billion British pounds in lending in 2023. HSBC, which is the largest UK bank by total assets, ranked fourth. Development of the mortgage market In 2023, the value of outstanding in mortgage lending to individuals amounted to 1.6 trillion British pounds. Although this figure has continuously increased in the past, the UK mortgage market declined dramatically in 2023, registering the lowest value of mortgage lending since 2015. In 2020, the COVID-19 pandemic caused the market to contract for the first time since 2012. The next two years saw mortgage lending soar due to pent-up demand, but as interest rates soared, the housing market cooled, leading to a decrease in new loans of about 100 billion British pounds. The end of low interest rates In 2021, mortgage rates saw some of their lowest levels since recording began by the Bank of England. For a long time, this was particularly good news for first-time homebuyers and those remortgaging their property. Nevertheless, due to the rising inflation, mortgage rates started to rise in the second half of the year, resulting in the 10-year rate doubling in 2022.
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United Kingdom Mortgage Approvals
- tradingeconomics.com
- ko.tradingeconomics.com
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csv, excel, json, xmlUpdated Jun 30, 2025ShareFacebookTwitterEmailClick to copy linkLink copiedCiteTRADING ECONOMICS (2025). United Kingdom Mortgage Approvals [Dataset]. https://tradingeconomics.com/united-kingdom/mortgage-approvalscsv, excel, json, xmlAvailable download formatsDataset updatedJun 30, 2025Dataset authored and provided byTRADING ECONOMICSLicenseAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automaticallyTime period coveredOct 31, 1986 - May 31, 2025Area coveredUnited KingdomDescriptionMortgage Approvals in the United Kingdom increased to 63.03 Thousand in May from 60.66 Thousand in April of 2025. This dataset provides the latest reported value for - United Kingdom Mortgage Approvals - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
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United Kingdom Mortgage Lending
- tradingeconomics.com
- fa.tradingeconomics.com
- +13more
csv, excel, json, xmlUpdated May 1, 2025ShareFacebookTwitterEmailClick to copy linkLink copiedCiteTRADING ECONOMICS (2025). United Kingdom Mortgage Lending [Dataset]. https://tradingeconomics.com/united-kingdom/home-loansxml, excel, csv, jsonAvailable download formatsDataset updatedMay 1, 2025Dataset authored and provided byTRADING ECONOMICSLicenseAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automaticallyTime period coveredOct 31, 1986 - May 31, 2025Area coveredUnited KingdomDescriptionHome Loans in the United Kingdom increased to 2054 GBP Million in May from -776 GBP Million in April of 2025. This dataset provides - United Kingdom Mortgage Lending- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United Kingdom Interest Rate
- tradingeconomics.com
- pl.tradingeconomics.com
- +13more
csv, excel, json, xmlUpdated May 8, 2025ShareFacebookTwitterEmailClick to copy linkLink copiedCiteTRADING ECONOMICS (2025). United Kingdom Interest Rate [Dataset]. https://tradingeconomics.com/united-kingdom/interest-ratejson, csv, excel, xmlAvailable download formatsDataset updatedMay 8, 2025Dataset authored and provided byTRADING ECONOMICSLicenseAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automaticallyTime period coveredSep 20, 1971 - Jun 19, 2025Area coveredUnited KingdomDescriptionThe benchmark interest rate in the United Kingdom was last recorded at 4.25 percent. This dataset provides - United Kingdom Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
UK lending to other national governments in 2024-25
- gov.uk
- s3.amazonaws.com
Updated May 16, 2025+ more versionsShareFacebookTwitterEmailClick to copy linkLink copiedCiteUK Export Finance (2025). UK lending to other national governments in 2024-25 [Dataset]. https://www.gov.uk/government/publications/uk-lending-to-other-national-governments-in-2024-25Dataset updatedMay 16, 2025AuthorsUK Export FinanceArea coveredUnited KingdomDescriptionIn line with the G20 Operational Guidelines for Sustainable Financing, the UK publishes quarterly updates on any new issued and effective sovereign direct lending, sovereign called guarantees or Paris Club restructuring agreements. Further information about the G20 Operational Guidelines for Sustainable Financing and the UK’s adherence to it can be found on our Collection Page.
This page contains details of loans made by the UK to other national governments in 2022 to 2023.
Key
Beneficiary
In the case of UKEF’s direct lending facility this is the entity who is the borrower of the loan.
Grace period
The period during which no repayments of principal (or principal and interest) are due from borrowers to lenders. In relation to the work of the IMF/World Bank, this is usually associated with concessional financing only. This is not relevant for UKEF’s direct lending, but we have included information about the pre-credit period, which is held in UKEF systems.
Maturity
The repayment period of the loan in months.
Amount in currency (millions)
The amount and currency of the loan, in millions.
Equivalent value in GBP (millions)
For ease of comparison the currency amount has been converted into pounds sterling using the prevailing exchange rate at the last date of the relevant period of each report.
Interest rate type
An interest rate may be floating, meaning it is reset at each repayment date, or it is fixed and the same rate applies for the duration of the loan maturity. CIRRs (Commercial Interest Reference Rates) are minimum interest rates that apply to official financing support for export credits and set under the terms of the https://one.oecd.org/document/TAD/PG(2023)7/en/pdf" class="govuk-link">Arrangement for Officially Supported Export Credits.
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United Kingdom Bank Lending Rate
- tradingeconomics.com
- de.tradingeconomics.com
- +13more
csv, excel, json, xmlUpdated Jun 5, 2025ShareFacebookTwitterEmailClick to copy linkLink copiedCiteTRADING ECONOMICS (2025). United Kingdom Bank Lending Rate [Dataset]. https://tradingeconomics.com/united-kingdom/bank-lending-rateexcel, xml, csv, jsonAvailable download formatsDataset updatedJun 5, 2025Dataset authored and provided byTRADING ECONOMICSLicenseAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automaticallyTime period coveredJan 31, 2016 - May 31, 2025Area coveredUnited KingdomDescriptionBank Lending Rate in the United Kingdom remained unchanged at 8.58 percent in May. This dataset provides - United Kingdom Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.
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United Kingdom BBA Mortgage Rate
- tradingeconomics.com
- ar.tradingeconomics.com
- +13more
csv, excel, json, xmlShareFacebookTwitterEmailClick to copy linkLink copiedCiteTRADING ECONOMICS, United Kingdom BBA Mortgage Rate [Dataset]. https://tradingeconomics.com/united-kingdom/mortgage-ratecsv, json, excel, xmlAvailable download formatsDataset authored and provided byTRADING ECONOMICSLicenseAttribution 4.0 (CC BY 4.0)https://creativecommons.org/licenses/by/4.0/
License information was derived automaticallyTime period coveredJan 31, 1995 - Jun 30, 2025Area coveredUnited KingdomDescriptionMortgage Rate in the United Kingdom decreased to 6.98 percent in June from 7.09 percent in May of 2025. This dataset provides - United Kingdom BBA Mortgage Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.
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FacebookTwitterEmailThe 10 largest mortgage lenders in the United Kingdom accounted for approximately 81 percent of the total market, with the top three alone accounting for 41 percent in 2023. Lloyds Banking Group had the largest market share of gross mortgage lending, with nearly 36.8 billion British pounds in lending in 2023. HSBC, which is the largest UK bank by total assets, ranked fourth. Development of the mortgage market In 2023, the value of outstanding in mortgage lending to individuals amounted to 1.6 trillion British pounds. Although this figure has continuously increased in the past, the UK mortgage market declined dramatically in 2023, registering the lowest value of mortgage lending since 2015. In 2020, the COVID-19 pandemic caused the market to contract for the first time since 2012. The next two years saw mortgage lending soar due to pent-up demand, but as interest rates soared, the housing market cooled, leading to a decrease in new loans of about 100 billion British pounds. The end of low interest rates In 2021, mortgage rates saw some of their lowest levels since recording began by the Bank of England. For a long time, this was particularly good news for first-time homebuyers and those remortgaging their property. Nevertheless, due to the rising inflation, mortgage rates started to rise in the second half of the year, resulting in the 10-year rate doubling in 2022.