Mortgage Approvals to Home Buyers Drop to Lowest Level in Year-and-a-Half

Mortgage approvals to home buyers drop to lowest level in year-and-a-half

Finance and property experts said they expect to see momentum rebuilding in the months ahead.

Mortgage approvals for purchases fall in December as remortgages increase – BoE

Mortgage approvals for house purchases totalled 61,000 in December, a fall of 3,100 when compared the previous month, the central bank found. The post Mortgage approvals for purchases fall in December as remortgages increase – BoE appeared first on Mortgage Solutions.

Mortgage approvals fall in December as remortgaging rises

Net mortgage approvals for house purchase fell by 3,100 to 61,000 in December 2025, according to the latest Bank of England (BoE) Money and Credit report. Remortgaging approvals rose by 1,600 to 38,400, while net borrowing of consumer credit by individuals fell to £1.5 billion…The post Mortgage approvals fall in December as remortgaging rises appeared first on Mortgage Strategy.

Net mortgage approvals fall in December as remortgaging rises, finds BoE

Net mortgage approvals for house purchase dropped by 3,100 to 61,000 in December, while remortgaging approvals went up by 1,600 to 38,400, according to the latest Bank of England (BoE) Money and Credit report.  Net borrowing of mortgage debt by individuals stayed steady at £4.6bn in December, the same as November. Net borrowing of consumer credit by individuals fell to £1.5bn from £2.1bn in November.  Net borrowing through credit cards was £0.7b…

BoE Money & Credit data: Cash ISA saving rises in December while mortgage approvals decline and consumer borrowing eases back