Mortgage 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.

Home 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.

The FCA and the Prudential Regulatory Authority (PRA) both have responsibility for the regulation of mortgage lenders and administrators. They jointly publish the mortgage lending statistics every quarter.

Since the beginning of 2007, around 340 regulated mortgage lenders and administrators have been required to submit a Mortgage Lending and Administration Return (MLAR) each quarter, providing data on their mortgage lending activities.

Latest findings

• The outstanding value of all residential mortgage loans increased by 0.4% from the previous quarter to £1,660.9 billion, and was 0.3% higher than a year earlier.

• The value of gross mortgage advances increased by 16.7% from the previous quarter to £60.2 billion, the first increase since 2023 Q3, and was 15.5% higher than a year earlier.

• The value of new mortgage commitments (lending agreed to be advanced in the coming months) increased by 11.3% from the previous quarter to £66.9 billion, and was 12.5% greater than a year earlier.

The FCA and the Prudential Regulatory Authority (PRA) both have responsibility for the regulation of mortgage lenders and administrators. They jointly publish the mortgage lending statistics every quarter.

Since the beginning of 2007, around 340 regulated mortgage lenders and administrators have been required to submit a Mortgage Lending and Administration Return (MLAR) each quarter, providing data on their mortgage lending activities.

Latest findings

• The outstanding value of all residential mortgage loans decreased by 0.1% from the previous quarter to £1,657.6 billion, and was 1.1% lower than a year earlier.

• The value of gross mortgage advances decreased by 13.4% from the previous quarter to £54.0 billion, and was 33.8% lower than a year earlier.

• The value of new mortgage commitments (lending agreed to be advanced in the coming months) decreased by 6.6% from the previous quarter to £46.0 billion, and was 21.2% lower than a year earlier. If the onset of the Covid-19 pandemic is excluded, this was the lowest observed since 2013 Q1.

This is the unadjusted median house priced for residential property sales (transactions) in the area for a 12 month period with April in the middle (year-ending September). These figures have been produced by the ONS (Office for National Statistics) using the Land Registry (LR) Price Paid data on residential dwelling transactions.

The LR Price Paid data are comprehensive in that they capture changes of ownership for individual residential properties which have sold for full market value and covers both cash sales and those involving a mortgage.

The median is the value determined by putting all the house sales for a given year, area and type in order of price and then selecting the price of the house sale which falls in the middle. The median is less susceptible to distortion by the presence of extreme values than is the mean. It is the most appropriate average to use because it best takes account of the skewed distribution of house prices.

Note that a transaction occurs when a change of freeholder or leaseholder takes place regardless of the amount of money involved and a property can transact more than once in the time period.

The LR records the actual price for which the property changed hands. This will usually be an accurate reflection of the market value for the individual property, but it is not always the case. In order to generate statistics that more accurately reflect market values, the LR has excluded records of houses that were not sold at market value from the dataset. The remaining data are considered a good reflection of market values at the time of the transaction. For full details of exclusions and more information on the methodology used to produce these statistics please see http://www.ons.gov.uk/peoplepopulationandcommunity/housing/qmis/housepricestatisticsforsmallareasqmi

The LR Price Paid data are not adjusted to reflect the mix of houses in a given area. Fluctuations in the types of house that are sold in that area can cause differences between the median transactional value of houses and the overall market value of houses. Therefore these statistics differ to the new UK House Price Index (HPI) which reports mix-adjusted average house prices and house price indices.

If, for a given year, for house type and area there were fewer than 5 sales records in the LR Price Paid data, the house price statistics are not reported. Data is Powered by LG Inform Plus and automatically checked for new data on the 3rd of each month.

These National Statistics provide monthly estimates of the number of residential and non-residential property transactions in the UK and its constituent countries. National Statistics are accredited official statistics.

England and Northern Ireland statistics are based on information submitted to the HM Revenue and Customs (HMRC) Stamp Duty Land Tax (SDLT) database by taxpayers on SDLT returns.

Land and Buildings Transaction Tax (LBTT) replaced SDLT in Scotland from 1 April 2015 and this data is provided to HMRC by https://www.revenue.scot/" class="govuk-link">Revenue Scotland to continue the time series.

Land Transaction Tax (LTT) replaced SDLT in Wales from 1 April 2018. To continue the time series, the https://gov.wales/welsh-revenue-authority" class="govuk-link">Welsh Revenue Authority (WRA) have provided HMRC with a monthly data feed of LTT transactions since July 2021.

LTT figures for the latest month are estimated using a grossing factor based on data for the most recent and complete financial year. Until June 2021, LTT transactions for the latest month were estimated by HMRC based upon year on year growth in line with other UK nations.

LTT transactions up to the penultimate month are aligned with LTT statistics.

Go to Stamp Duty Land Tax guidance for the latest rates and information.

Go to Stamp Duty Land Tax rates from 1 December 2003 to 22 September 2022 and Stamp Duty: rates on land transfers before December 2003 for historic rates.

The latest release was published 09:30 27 June 2025 and was updated with provisional data from completed transactions during May 2025.

The next release will be published 09:30 31 July 2025 and will be updated with provisional data from completed transactions during June 2025.

https://webarchive.nationalarchives.gov.uk/ukgwa/20240320184933/https://www.gov.uk/government/statistics/monthly-property-transactions-completed-in-the-uk-with-value-40000-or-above" class="govuk-link">Archive versions of the Monthly property transactions completed in the UK with value of £40,000 or above are available via the UK Government Web Archive, from the National Archives.

The FCA and the Prudential Regulatory Authority (PRA) both have responsibility for the regulation of mortgage lenders and administrators. They jointly publish the mortgage lending statistics every quarter.

Since the beginning of 2007, around 340 regulated mortgage lenders and administrators have been required to submit a Mortgage Lending and Administration Return (MLAR) each quarter, providing data on their mortgage lending activities.

Latest findings

• The outstanding value of all residential mortgages loans was £1,499 billion at end-2019 Q4, 3.8% higher than a year earlier.
• The value of gross mortgage advances was £73.4 billion, broadly unchanged in comparison to 2018 Q4.
• The value of new mortgage commitments (lending agreed to be advanced in the coming months) was 4.0% higher than a year earlier, at £70.6 billion.

Description Summary Belvoir Group (BLV) is one of the largest property franchisors in the UK. BLV is a resilient business with 26 years of consecutive earnings growth, high margins and low capital needs. The company has been growing FCF per share at 15-25% per year, while also paying a 4.5% dividend yield. At a 10% 2023 FCF yield with a net cash balance sheet, BLV provides an attractive opportunity for small funds and personal accounts. Business background BLV started out in 1995 as a pure-play lettings franchisor. Over time they complemented the business with estate sales and financial services. Today, BLV operates 338 franchised offices under six different regional brands: Belvoir (159 offices), Northwood (91), Newton Fallowell (39), Nicholas Humphreys (20), Lovelle (16) and Mr and Mrs Clarke (13). They also operate a network of 284 mortgage advisors. best stock screener best investing platforms best stock screeners At its core this is a franchise business. BLV derives 80% of its gross profit from royalties paid by their property franchisees. BLV provides them with central support (e.g. a known brand, operational best practices, back-office, training and certifications, valuation and rental data/services, regional advertising and assistance in doing acquisitions) in return for a 10-12% royalty fee of the monthly revenue. As most know, franchise businesses possess attractive features with recurring revenues, high incremental margins and little capex. BLV’s franchisees are largely local entrepreneurs with 100% skin in the game. The majority operate just one to three offices. There are no large established franchisees as is the case with the major hotel and fast-food chains. The £150-200k start-up costs of running a BLV office, means that the franchisees generally have put all their money into the business. Alignment of incentives on the operating level doesn’t get much better than this. This is why the franchisees consistently outgrow the industry by a few percentage points. When the first lockdown ended, it took some of the corporate estate agency chains two months to reopen, while BLV’s franchisees opened their doors on the first day possible. The company reports into two divisions, property franchising and financial services. The former can be split between lettings and estate sales. Lettings (60% of gross profit). This is by far the best part of the business. Lettings is the managing of residential property on behalf of a landlord. This includes finding a tenant, doing the related administration/compliance, property visits and managing the tenant relationship. The franchisees charge landlords 1-1.5% of the monthly rent. Through its franchisees, BLV manages 75.5k properties, up from 37k in 2015. This segment has been growing gross profit at a low teens CAGR (incl. M&A). Lettings is a resilient business as people have to pay rent no matter the state of the economy. Organic growth has been positive every year since inception. Estate sales (20% of gross profit). The business of selling houses, which clearly is not as attractive as lettings. BLV’s franchisees charge a 1% commission on the value of the house. BLV sold 11k houses in 2022, up from 7k in 2017. Like lettings, gross profit has been growing at a low teens CAGR (incl. M&A). This segment is less cyclical than the overall housing market as they have historically grown above market, continue to attract new franchisees and generate 93% of gross profit outside of the Greater London area (less prone to boom and busts cycles). In 2022, BLV saw a 11% decrease in housing transactions compared to a 15% drop for the overall UK housing market. Nvidia EV/EBITDA Kroger EV/EBITDA Kraft EV/EBITDA Chevron EV/EBITDA Verizon EV/EBITDA Financial services (20% of gross profit). BLV manages a network of 284 mortgage advisors. The majority of them (85%) are self-employed. While technically not a franchise business, it works similarly. BLV provides central support and leads in return for a 25% cut of the fees. BLV works with one of UK’s leading mortgage intermediaries, the Mortgage Advice Bureau (MAB). MAB offers BLV access to >90 lenders, looks after compliance and processes the mortgages. The typical mortgage fee is 0.3% of the amount borrowed. In terms of cyclicality, this segment sits between lettings and estate sales. More than 90% of mortgages in the UK are two to five years in length, after which it typically gets refinanced. As such, there is a stable stream of mortgage renewals each year. Around half of the segment is refinancing-related and the other half is tied to housing transactions. Industry overview The UK counts 4.6m private-rented properties and sells 1.2m houses in a normal year. The majority of these are managed and sold by one of the more than 20k estate agencies/lettings offices. At least 15k of these are independents. The rest consists of agency networks that range from a handful of offices to in the hundreds. The largest...

In 2022, house price growth in the UK slowed, after a period of decade-long increase. Nevertheless, in March 2025, prices reached a new peak, with the average home costing ******* British pounds. This figure refers to all property types, including detached, semi-detached, terraced houses, and flats and maisonettes. Compared to other European countries, the UK had some of the highest house prices. How have UK house prices increased over the last 10 years? Property prices have risen dramatically over the past decade. According to the UK house price index, the average house price has grown by over ** percent since 2015. This price development has led to the gap between the cost of buying and renting a property to close. In 2023, buying a three-bedroom house in the UK was no longer more affordable than renting one. Consequently, Brits have become more likely to rent longer and push off making a house purchase until they have saved up enough for a down payment and achieved the financial stability required to make the step. What caused the recent fluctuations in house prices? House prices are affected by multiple factors, such as mortgage rates, supply, and demand on the market. For nearly a decade, the UK experienced uninterrupted house price growth as a result of strong demand and a chronic undersupply. Homebuyers who purchased a property at the peak of the housing boom in July 2022 paid ** percent more compared to what they would have paid a year before. Additionally, 2022 saw the most dramatic increase in mortgage rates in recent history. Between December 2021 and December 2022, the **-year fixed mortgage rate doubled, adding further strain to prospective homebuyers. As a result, the market cooled, leading to a correction in pricing.

Abstract copyright UK Data Service and data collection copyright owner.A series of surveys were carried out to provide factual and detailed information on the performance of 6 local authorities in council house allocation, improvement grants, council mortgages and council house sales. The information was intended to support inter-authority comparisons, and to check on variability of policy and practice. The emphasis was on the extent to which housing need was being met and housing opportunities created. Main Topics: Attitudinal/Behavioural Questions (SN: 205) This dataset records information collected from the West Bromwich Waiting List. Type of list, length of application, applicant's marital and family situation, whether baby expected at application data, 'points' (total and detailed breakdown, e.g. size of family points, shared accommodation points). Period of residence/employment in West Bromwich County Borough, tenure, household size and type, bedrooms for applicant's family, use of separate living room, whether family separated by accommodation (length of time), other persons in dwelling, amenities, any personal disabilities, cleanliness. Type of dwelling recommended/allocated, number of bedrooms needed, area, offers made, rent/floor area allocated, rateable value allowed, age/grade choice and allocation, category of tenant, origin of letting, present location, location allocated, comparison of density of occupation (present and previous). Background Variables (SN: 205) Age, sex, ethnic origin, household status, place of residence, number of children less than/over 16 years of age, number under 5 years of age. Attitudinal/Behavioural Questions (SN: 263, 268, 271, 274, 277 and 280) Type of list, type of house, tenure, number of bedrooms, whether living room shared, other persons in house, standard of decorations. Type of house wanted, reasons for application, offers made, rent record. Expectant mother at application, medical claims 'points'. Required: type of dwelling, number of bedrooms, garage or car space. Location, age and grade of house (chosen and allocated). Present, chosen and allocated density of occupation. Floor space allocated. Background Variables (SN: 263, 268, 271, 274, 277 and 280) Age, marital status, place of birth, children 16 and under/5 and under, household size and type, length of residence at present address and in UK. Attitudinal/Behavioural Questions (SN: 264) Length of residence, whether on council waiting list, owner occupier, whether other property owned, present rent, rent willing to pay, general condition of property, cleanliness, rent record, medical problems, offers made, type of dwelling allocated, rent allocated, rateable value allocated, category of tenant, origin of letting, present, chosen and allocated location, age and grade of house, density of occupation allocated. Background Variables (SN: 264) Age, children 15 and under/5 and under, household type and size, number in employment, total income, car ownership. Attitudinal/Behavioural Questions (SN: 265) Size and age of house, mortgage intention, market price, sale price, % discount, market price above construction cost, length of tenancy, reasons for withdrawal, rent record, previous tenure, family size on application, whether still at same address, density of occupation, grade of estate, car parking facilities. Background Variables (SN: 265) Age, children 15 and 5 and under, household type. Attitudinal/Behavioural Questions (SN: 266) Term of loan sought, reference satisfactory, income satisfactory, price, loan sought, valuation, advance approved, balance of annual repayments, valuation as % price, loan granted as % price, loan approved as % valuation, loan approved as % price, time taken for approval, whether applicant is tenant, whether part of house would be let in future, freehold or leasehold, rateable value, notices to repair outstanding, type of property, number of bedrooms, garden, garage, hot water system, age of buildings, annual basic earnings, overtime, total earnings, total household income, annual repayment as % applicant's annual earnings, annual repayments as % household annual earnings, mortgage held. Background Variables (SN: 266) Age, place of birth, family size, social class. Variables (SN: 267, 270, 273, 276 and 279) Type of grant, nature of work, cost approved, maximum grant, age of property, tenure, mortgage, cost of improvement, cost of repairs as % approved costs, grant as % total costs, total cost of work, grant approved, date of application, time taken from application to approval, time taken from approval to completion, time taken from application to completion, area, house type. Attitudinal/Behavioural Questions (SN: 269, 272, 275, 278 and 281) Period of loan sought, income status, period of loan granted, category of tenant, price, loan applied for, valuation, advance given, balance, annual repayments, valuation as % price, loan granted as % loan sought, loan as % price, loan as % valuation, time taken from application to approval. Length of tenancy, rate of interest, earnings, overtime, other earnings, total applicant's earnings, total household income, previous rent, repayments as % previous rent. Whether applicant is tenant, whether part of house would be let in future, freehold or leasehold, rateable value, repairs required, type of house, garden, garage, hot water system, central heating, number of bedrooms, age of property, mortgage, area, grade of estate, previous tenure, density of occupation. Background Variables (SN: 269, 272, 275, 278 and 281) Age, social class, children 16 and under/5 and under, household type and size.

This dataset provides values for INTEREST RATE reported in several countries. The data includes current values, previous releases, historical highs and record lows, release frequency, reported unit and currency.