FCA Mortgage Lending Statistics: UK Residential Loans Q2 2024

Quarterly data on UK residential mortgage lending from Q2 2024, published by the Financial Conduct Authority and Prudential Regulation Authority. The statistics are derived from mandatory returns submitted by approximately 340 regulated lenders and administrators. They include figures such as a £1,660.9 billion total outstanding loan value and £60.2 billion in gross advances for the quarter.

Use Cases

• Modeling trends in UK residential mortgage lending based on quarterly commitment and advance volumes.
• Analyzing the health of the mortgage market based on the outstanding loan value and its quarterly changes.
• Forecasting near-term lending activity based on new mortgage commitment data agreed for future months.

Strengths

• Data is sourced from approximately 340 regulated entities, suggesting broad market coverage.
• Provides specific quarterly figures, such as £1,660.9 billion in outstanding loans and a 16.7% quarter-on-quarter increase in advances.
• Published under the OGL-UK-3.0 license, permitting open use and redistribution.

Limitations

• Column-level documentation is absent; field semantics must be inferred after download.
• Row count is unknown, which may limit suitability assessment for large-scale modeling.
• Last update date is unknown; freshness unverified beyond the described Q2 2024 period.

Provenance

Source

Financial Conduct Authority (FCA) and Prudential Regulation Authority (PRA), via the UK Government Digital Service.

Collection Method

Mandatory quarterly Mortgage Lending and Administration Return (MLAR) submissions from regulated firms.

Time Range

Q2 2024 (with comparative figures from previous quarters and year-earlier).

Freshness

Quarterly

Geography

United Kingdom