Mortgage lending statistics - March 2021

We collect mortgage lending data via the Mortgage Lending and Administration Return (MLAR) which is submitted to the FCA by firms carrying out mortgage lending and mortgage administration.

Statistics on mortgage lending: Q4 2020 edition

The latest commentary and full statistical tables are available below. The commentary includes technical information on the MLAR as well as analysis of the findings.

For any technical queries on the tables contact MLAR Statistics.

An explanatory note detailing the relationship between this data and other mortgage statistics published by the Bank of England is available on their website.

Latest findings

  • The outstanding value of all residential mortgage loans was £1,541.4 billion at the end of 2020 Q4, 2.9% higher than a year earlier.
  • The value of gross mortgage advances in 2020 Q4 was £76.6 billion, 4.2% higher than in 2019 Q4.
  • The value of new mortgage commitments (lending agreed to be advanced in the coming months) was 24.2% higher than a year earlier, at £87.7 billion, and the highest level since 2007 Q3.

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.  

What’s included in the data

The data we publish includes:

  • the outstanding value of all residential loans
  • total gross advances by loan-to-value, income multiples and purpose of loan
  • value of new commitments
  • proportion of mortgage loans above Bank Rate

Previous editions

See our previous editions of the statistics on mortgage lending.

Next edition

The next edition will be published here on 8 June 2021. Provisional dates will be confirmed or revised no later than a week before.