Buy-to-Let lending decreased in Q4 2017 according to BOE
March 14, 2018
Bank of England published 13th March 2018 Mortgage Lenders and Administrators Statistics – 2017 Q4
New residential mortgage lending activity decreased in Q4 2017 from the previous quarter. In total £69.1 billion of new residential loans were advanced to individuals during the quarter. This was a 2.5% decrease compared to the previous quarter however a 10.1% increase from the same quarter last year.
New commitments increased by 5.2% from £61.7 billion in Q4 2016 to £64.9 billion in Q4 2017.
The share of buy-to-let (BTL) lending decreased to 12.7% in Q4 2017; this is the lowest percentage since Q3 2013.
Read the BOE publication 13th March 2018 in full click here.
You May Also Enjoy
Rightmove’s Weekly Mortgage Tracker – 18/09/25
Average rates for 2-year and 5-year fixed-rate mortgages Term Average rate Weekly change Yearly change 2-year fixed 4.54% +0.02% -0.44% 5-year fixed 4.56% +0.01% -0.05% Lowest rates for 2-year and 5-year fixed-rate mortgages Term Lowest rate Weekly change Yearly change 2-year fixed 3.75% +0.00% -0.24% 5-year fixed 3.89% +0.00% +0.12% Average…
Read More 
Slowdown in planning applications and decisions
Property lawyer says “The government have had a year to make improvements to house building and have not made any progress.” Housing Secretary Steve Reed has announced a “building acceleration package” to speed up house building in England after new figures revealed a slowdown in planning applications and decisions. David Smith, property litigation partner at…
Read More
Bank of England’s holds interest rates at 4%
With the Bank of England’s decision to hold interest rates at 4%, here are some thoughts from the Industry. Matt Smith, Rightmove’s mortgage expert: “A Base Rate hold today had looked fairly nailed on, especially after yesterday’s news that inflation remains stuck at 3.8%. The later-than-usual Budget is very much on the horizon, and…
Read More 
Breaking Property News 18/09/25
Daily bite-sized proptech and property news in partnership with Proptech-X. Exodus of Landlords – means lower supply and increased rents’ MPs have taken the Renters’ Rights Bill a major step closer to Royal Assent, confirming the scrapping of Section 21 “no-fault” evictions and the end of fixed-term tenancies, which will now convert into open-ended…
Read More 
Energy Rules Without Power: Tenants and Landlords Both Question EPC Impact
New research from LRG reveals that both landlords and tenants are struggling to engage with the Energy Performance Certificate (EPC) system, raising serious questions about whether it can deliver on its intended goals ahead of the government’s 2030 targets. While landlords overwhelmingly support the principle of improving energy efficiency, confidence in the system designed to…
Read More 
New Build Home Enquiries Double in Summer 2025
From June to August 2025, Compare My Move’s conveyancing data shows a 120% increase in new build home purchase enquiries compared to the same period in 2024. This surge reflects not only more people looking to buy homes overall but also a higher share of buyers choosing new builds. On average, 12% of purchase enquiries in…
Read More