UK lenders approved most mortgages in six months in July

UK lenders approved most mortgages in six months in July

British lenders approved the most mortgages in July since January, according to Bank of England data published on Monday that added to signs of a stabilisation in the housing market after volatility caused by the end of a tax break.

Mortgage figures hold up despite property tax 'bombshell'

New figures from the Bank of England show mortgage approvals were up 800 in July, with a drop in remortgages.

Approvals climb for third month in a row - BofE - Property Notify

The Bank of England have recently released mortgage approval data for July 2025. The latest figures show that: Mortgage approvals on house purchases for July sat at 65,352 up (+1.2%) from 64,571 in June. This signals three consecutive months of growth. Approvals are also up (+4.6%) when compared to the 62,489 seen in July 2024. This growth is positive, and there is optimism for continued  growth in the coming months, especially if further bank …

Mortgage approvals rise for third month in a row despite fears of slump

The Bank of England's money and credit statistics showed the housing market remains intact despite fears it might slump ahead of the Autumn Budget

Mortgage approvals rise for third month in a row

Mortgage approvals for house purchases edged up in July, the third month in a row that has seen a rise, official data has shown.  Money and credit statistics published by the Bank of England showed the housing market remains intact despite fears it might slump ahead of the Autumn Budget. The rise in approvals came despite a fall in net borrowing of mortgage debt by £900m, with the previous month posting a £3.2bn increase.  The annual growth rate…