Main image: Mortgage approvals (seasonally adjusted), via the Bank of England
Mortgage lending climbs but new approvals dip
Total borrowing for house purchases has been rising since April 2024.
Unexpected dip for mortgage lending in November
Bank of England data show a decline in mortgage approvals as 2024 drew to a close.
Industry Reactions: Mortgage lending bounces back
Mortgage approvals were up 28% year-on-year in December, and the Bank of England thinks 'there is still optimism for further mortgage approval increases in the coming months, if bank rate cuts materialise.
Mortgage approvals rose again in October – BoE
'The mortgage sector is set for an extremely busy end to 2024 and an explosive start to 2025,' declares Alexander Hall chief Richard Merrett, in response to the latest Bank of England data.
Most read
Super-Prime Deal Digest: 35 of 2025’s standout London property sales
PrimeResi’s essential review of the most significant luxury transactions of the year, from Chelsea to Hampstead.
Behind the Schemes: Top architect designs his own family home in North London
RHA founder Robert Hirschfield applied his studio’s guiding philosophy to the reworking of his personal residence - here’s the result...
Super-Prime Deal Digest: 15 of 2025’s standout country property sales
PrimeResi’s essential review of the most significant luxury transactions of the year, from Shropshire to Surrey.
Ranked: London’s fastest-performing planning authorities
Planning decision times have fallen while approval rates have edged higher across prime London & the Home Counties.
Alpine homes keep climbing while global prime markets catch their breath
'The Alpine property market has shifted from seasonal playgrounds to year-round sanctuaries,' notes Knight Frank.
In Conversations: PrimeResi’s must-read interviews of H2 2025
Six more profiles of property industry leaders who have been shaping the luxury resi sector this year.
Happy Holidays: PrimeResi will resume full service in January 2026
Wishing all our readers health, happiness, peace and prosperity - and a very merry festive break.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data, forecasts and analysis from Savills, Foxtons, ONS, LonRes, Jackson-Stops, Acadata, Property Vision, RedBook…
LATEST ARTICLES
Happy Holidays: PrimeResi will resume full service in January 2026
Wishing all our readers health, happiness, peace and prosperity - and a very merry festive break.
Super-Prime Deal Digest: 35 of 2025’s standout London property sales
PrimeResi’s essential review of the most significant luxury transactions of the year, from Chelsea to Hampstead.
Super-Prime Deal Digest: 15 of 2025’s standout country property sales
PrimeResi’s essential review of the most significant luxury transactions of the year, from Shropshire to Surrey.
In Conversations: PrimeResi’s must-read interviews of H2 2025
Six more profiles of property industry leaders who have been shaping the luxury resi sector this year.
Monday Market Review: Key figures & findings from the last seven days
Your essential five-minute briefing on the latest market movements & commentary, featuring data, forecasts and analysis from Savills, Foxtons, ONS, LonRes, Jackson-Stops, Acadata, Property Vision, RedBook…