Mortgage Lending Statistics – December 2025
Latest findings
The outstanding value of all residential mortgage loans increased by 0.9% from the previous quarter to £1,733.7 billion, and was 2.9% higher than a year earlier.
The value of gross mortgage advances increased by 36.9% from the previous quarter to £80.4 billion, the largest increase in new advances since 2020 Q3, and was 22.7% higher than a year earlier.
The value of new mortgage commitments increased by 1.6% from the previous quarter to £79.4 billion, the highest since 2022 Q3, and was 20.3% higher than a year earlier.
Key information
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.
The FCA and the Prudential Regulatory Authority (PRA) both have responsibility for the regulation of mortgage lenders and administrators so this data publication is joint. We publish this data every quarter.
Propertymark’s Mary-Lou Press said:
“It’s enormously upbeat news to witness an increase in the value of residential mortgage loans agreed, especially considering this period would normally bring increased market hesitation typically witnessed during the run up to the Autumn Budget.
“It is positive news these figures are the highest they have been since 2022, as the economy started on its pathway to recovery post-pandemic.
“With dips in both inflation and the Bank of England’s base rate, this should act as a springboard for more confident mortgage lending as we progress into 2026, which should hopefully be reflected in future reports.
“Over the coming months consumers should, with luck, start to feel an extra degree of affordability, in terms of potentially more competitive mortgage products being introduced and a gradual easing down on household costs, as inflation hopefully continues to slow.”
You May Also Enjoy
Housebuilding sector shows early signs of recovery
Rightmove launches major updates to its agent qualification CELA
Clarity on energy efficiency rules for commercial property needed
English Housing Survey 2024 to 2025
Propertymark responds to latest HMRC property transactions report