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: June 2018 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.
- Commentary on the statistics[1] (PDF)
- MLAR statistics: summary tables[2] (Excel)
- MLAR statistics: detailed tables[3] (Excel)
- Technical notes[4] (PDF)
- How the data are calculated[5] (PDF)
For any technical queries on the tables contact MLAR Statistics.
An explanatory note detailing the relationship between these data and other mortgage statistics published by the Bank of England is available on their website[6].
Latest findings
- The outstanding value of all residential loans continued to increase in 2018 Q1 to £1,403 billion, 3.7% higher than a year ago (Q1 2017).
- Compared to last year, there has been an increase in total new lending by 3.3% to £62.4 billion. Comparing new lending to Q4 2017 however, there has been a decrease of 9.6%.
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 these 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
Understanding the data
We are aware of an issue regarding the increase in administered arrears from Q3 2016 and we are investigating, along with the Bank of England, the cause and possible solutions.
We found there was an issue in our firm reporting data for administered arrears where the category of ‘other’ administered loans, which should not have been reported to us, was being included. This inflated the arrears figures published. We have since requested a resubmission of reports and as a result we are expecting to restate the arrears figures in the forthcoming publications.
Previous editions
See our previous editions of the statistics on mortgage lending[7].
Next edition
The next edition will be published here on 11 September 2018. Provisional dates will be confirmed or revised no later than a week before.
Help us to improve these statistics
To help us understand your needs and to improve our mortgage lending statistics, we would like you to give us some feedback.
Complete our anonymous survey[8]
It should only take about five minutes of your time and it's an excellent opportunity for you to tell us what you think of this publication. Your participation in this survey is completely voluntary.