FCA Mortgage Lending Statistics for Q3 2022

Quarterly data from Q3 2022, submitted by approximately 340 regulated UK mortgage lenders and administrators. The Financial Conduct Authority and Prudential Regulatory Authority jointly publish these statistics, which include metrics like outstanding loan values and new commitments. The data is provided by the Government Digital Service under an open government license.

Use Cases

• Modeling trends in residential mortgage loan values based on the reported outstanding balance of £1,667.1 billion.
• Analyzing quarterly fluctuations in mortgage lending activity based on gross advances of £85.9 billion.
• Forecasting near-term lending volumes based on new mortgage commitment values, which were the highest since 2007.
• Assessing year-over-year growth in the mortgage sector based on the reported 4.1% and 17.0% increases.

Strengths

• Data is collected from a substantial panel of approximately 340 regulated entities, providing broad sector coverage.
• Includes specific, reported financial figures such as £1,667.1 billion in outstanding loans and £85.9 billion in gross advances.
• Time-series data allows for quarter-over-quarter and year-over-year comparison, as shown in the 2022 Q3 findings.

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 ML tasks.
• Last update date is unknown; freshness unverified beyond the described quarter.

Provenance

Source

Financial Conduct Authority (FCA) and Prudential Regulatory Authority (PRA)

Collection Method

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

Time Range

Q3 2022 (with historical context back to 2007)

Freshness

Quarterly

Geography

United Kingdom