UK Mortgage Approvals Rise for the First Time This Year

Rise in number of mortgage approvals to home buyers in May

The increase in mortgage approvals for house purchase was described as a ‘welcome breath of fresh air’ by one housing market expert.

UK mortgage approvals rise for the first time this year

Data for May points to housing market recovery after end of stamp duty holiday

Mortgage approvals up for first time since December 2024, according to Bank of England data - Birmingham Live

Approvals for remortgaging have also seen an increase in the latest data

Rise in number of mortgage approvals to home buyers in May, says Bank of England

The increase in mortgage approvals for house purchase was described as a ‘welcome breath of fresh air’ by one housing market expert.

Mortgage borrowing increased by £2.8bn in May - Credit Connect

Latest data from the Bank of England has found that mortgage debt increased by £2.8 billion to £2.1 billion in May, following a large decrease in net borrowing of £13.8 billion to £0.8 billion in April. The number of mortgages approved for home purchases in the UK rose to 63,000 in May, an increase of 2,400 from April and the first month-on-month rise of 2025, according. Remortgaging approvals also increased by 6,200 to 41,500, the highest jump …

Latest figures show mortgage lending ‘back on track’

Mortgage lending for new purchases is up for the first time since last year, according to Bank of England.