What does this UK mortgage lending and arrears table measure?

It tracks the quarterly performance and risk profile of the UK mortgage market, combining the regulatory Mortgage Lenders and Administrators Return (MLAR) from the Bank of England and FCA with industry data from UK Finance on homeowner and buy-to-let arrears and possessions.

How far back does UK mortgage lending and arrears data go?

Quarterly data for UK mortgage lending, arrears and possessions begins in 2007 and updates following every quarterly release from the Bank of England, FCA and UK Finance.

Which loan-to-value and income breakdowns are reported?

The series details new advances across specific loan-to-value bands, single-income multiples, joint-income multiples, combinations of high LTV with high income multiples, and lending to borrowers with an impaired credit history.

How are UK mortgage arrears defined and categorised in this table?

Arrears are categorised by the unpaid balance as a percentage of the outstanding loan balance, covering bands from 1.5% to over 10% for homeowners and buy-to-let borrowers, reported in £m, mortgage counts and percentage shares.

UK mortgage lending and arrears

Name: UK mortgage lending and arrears
Creator: Bank of England and FCA — Mortgage Lenders and Administrators Statistics; UK Finance — public mortgage arrears and possessions statistics

Source: Bank of England and FCA — Mortgage Lenders and Administrators Statistics; UK Finance — public mortgage arrears and possessions statisticsLast updated: Sep 24, 2026, 12:34Curated by Bui Thanh PhucAbout this data ↓

Indicator	Q2-2026	Q1-2026	Q4-2025	Q3-2025	Q2-2025	Q1-2025	Q4-2024	Q3-2024	Q2-2024	Q1-2024	Q4-2023	Q3-2023	Q2-2023
Mortgage lending and arrears, all regulated lenders (MLAR, Bank of England and FCA)13
New lending and balances5
Gross advances in quarter	77,380.65	69,621.78	79,388.33	80,436.84	58,761.17	77,563.53	68,774.32	65,532.41	60,204.2	51,589.65	52,943.6	61,404.03	52,134.03
Net advances in quarter	16,053.88	14,271.92	15,623.59	16,245.62	6,651.42	19,620.96	11,113.58	10,120.8	6,694.18	-1,868.23	423.78	2,210.38	-402.09
New commitments in quarter	79,176.22	78,055.02	69,936.77	79,424.32	78,153.36	68,313.63	69,387.26	66,116.91	66,939.1	60,159.83	45,975.77	49,202.55	59,475.87
Loan balances outstanding	1,650,182.49	1,636,770.79	1,625,802.25	1,614,186.44	1,600,255.01	1,593,711.57	1,575,004.34	1,567,578.81	1,568,594.92	1,562,697.79	1,564,998.18	1,565,255.22	1,563,848.52
Stock of commitments	109,639.1	106,557.58	96,539.61	104,725.56	104,666.92	83,785.86	92,111.53	90,580.11	89,417.82	81,792.25	72,211.69	78,542.51	88,775.95
Loan balances by lending type3
Regulated loans (mainly owner-occupier)	1,496,919.61	1,483,373.9	1,469,681.65	1,454,147.87	1,438,096.67	1,430,632.79	1,410,373.35	1,399,120.13	1,397,722.85	1,388,916.33	1,387,778.82	1,385,421.93	1,380,516.14
Non-regulated loans (mainly buy-to-let)	263,662	262,711.65	264,480.39	267,119.44	268,987.27	271,788.4	273,034.73	275,621.33	278,582.18	281,053.75	284,019.81	287,750.28	292,558.15
Securitised loans	110,399.12	109,314.76	108,359.8	107,080.87	106,828.93	108,709.63	108,403.75	107,162.66	107,710.11	107,272.29	106,800.45	107,916.99	109,225.77
Gross advances by loan-to-value ratio4
Loan-to-value up to 75%	52.52	54.06	53.08	55.29	56.75	54.28	55.96	55.44	57.25	62.09	59.87	60.6	63.18
Loan-to-value over 75% to 90%	39.1	37.91	38.58	37.28	36.28	39.06	37.76	37.99	36.74	32.74	34.6	34.37	32.31
Loan-to-value over 90% to 95%	7.89	7.5	7.83	7.05	6.65	6.43	6.07	6.26	5.68	4.87	5.19	4.73	4.24
Loan-to-value over 95%	0.5	0.53	0.51	0.37	0.33	0.24	0.22	0.31	0.33	0.3	0.34	0.3	0.26
Gross advances on a single income by income multiple6
Single income: under 2.5 times	6.67	6.8	6.56	6.79	7.6	6.68	7.32	7.43	7.55	8.76	8.21	7.25	7.6
Single income: 2.5 to 3 times	3.5	3.5	3.5	3.58	3.82	3.55	3.66	3.77	3.96	4.03	4.02	3.83	3.81
Single income: 3 to 3.5 times	4.62	4.65	4.56	4.81	4.85	4.77	4.92	4.8	4.81	5.11	4.94	4.72	4.59
Single income: 3.5 to 4 times	4.55	4.65	4.85	4.75	5.01	5.02	5.01	5.13	5.05	4.99	5.13	4.99	4.96
Single income: 4 times or more	11.84	12.14	11.87	10.92	10.07	10.81	10.07	9.53	8.33	8.03	8.7	8.73	8.6
All loans on a single income	39.01	40.77	39.5	38.78	40.52	38.78	39.43	39.13	39.24	39.81	38.37	37.04	37.84
Gross advances on a joint income by income multiple6
Joint income: under 2 times	8.66	8.63	8.31	8.83	9.45	8.45	7.71	8.03	8.49	9.51	9.03	8.45	9.19
Joint income: 2 to 2.5 times	6.8	6.47	6.34	6.86	7.02	6.56	6.45	6.66	7.11	7.69	7.34	7.1	7.08
Joint income: 2.5 to 2.75 times	5.33	5.31	5.35	5.75	5.53	5.76	4.97	4.74	4.95	4.97	4.77	4.56	4.56
Joint income: 2.75 to 3 times	5.16	4.8	5.01	5.14	5.18	5.32	4.73	4.91	5.13	5.08	5.23	5.13	5.03
Joint income: 3 times or more	34.16	33	34.59	33.82	31.38	34.38	35.77	35.79	34.12	31.7	34.05	36.68	35.07
All loans on a joint income	60.99	59.23	60.5	61.22	59.48	61.23	60.57	60.87	60.76	60.19	61.63	62.96	62.16
Gross advances over 90% LTV at high income multiples3
LTV over 90% to 95% and high income multiple	5.97	5.69	5.91	5.2	4.7	4.7	4.45	4.56	4.09	3.41	3.71	3.46	3.12
LTV over 95% and high income multiple	0.36	0.38	0.38	0.25	0.21	0.15	0.13	0.2	0.22	0.18	0.19	0.17	0.16
LTV over 90% and high income multiple	6.34	6.07	6.28	5.45	4.91	4.85	4.58	4.76	4.31	3.59	3.9	3.63	3.28
Weighted average interest rates6
New lending: fixed rate loans	4.37	4.26	4.34	4.44	4.59	4.59	4.62	4.83	4.76	4.9	5.22	4.73	4.51
New lending: variable rate loans	4.62	4.7	4.85	4.91	5.28	5.51	5.87	6.03	6.35	6.17	6.12	6.11	5.63
New lending: all loans	4.4	4.29	4.38	4.47	4.64	4.65	4.69	4.91	4.87	5.05	5.34	4.86	4.68
Outstanding loans: fixed rate	3.97	3.93	3.91	3.87	3.83	3.76	3.66	3.54	3.38	3.2	3.01	2.76	2.56
Outstanding loans: variable rate	5.36	5.42	5.61	5.7	5.94	6.17	6.4	6.64	6.86	6.87	6.9	6.88	6.36
Outstanding loans: all	4.11	4.08	4.09	4.06	4.06	4.03	3.99	3.94	3.85	3.71	3.56	3.33	3.1
Share of lending at fixed rates2
Share of gross advances at fixed rates	90.57	92.38	93.28	92.97	92.69	94.06	94.29	93.39	93.4	87.9	86.31	90.41	84.62
Share of balances at fixed rates	89.79	89.97	89.78	89.37	89.09	88.68	87.83	87.05	86.59	86.03	85.78	86.08	85.73
Gross advances by purpose7
House purchase: first-time buyers	27.32	27.43	28.65	27.38	27.37	31.37	29.56	29.31	27.36	25.78	27.68	26.19	24.79
House purchase: other owner-occupiers	28.78	30.28	32.97	31.21	28.68	34.93	34.09	35.11	30.12	28.81	32.06	32.18	29.58
House purchase: buy-to-let	8	8.9	8.41	8.2	9.23	8.08	8.28	7.98	9.08	8.38	7.04	7.4	8.16
Further advances	2.42	2.69	2.21	2.3	2.8	1.9	1.98	2.07	2.19	2.17	1.7	1.81	2.27
Remortgage with the same lender	2.23	2.26	2.26	2.23	3.01	2.17	2.21	2.27	2.36	2.95	2.67	3.23	3.44
Remortgage from another lender	28.95	25.82	23.16	26.32	25.99	19.13	21.33	20.52	26.23	28.88	25.69	26.54	28.79
Lifetime mortgages	0.72	0.79	0.74	0.74	0.92	0.76	0.95	1.01	1.04	1.04	1.03	1.21	1.3
Gross advances by repayment type4
Capital and interest repayment	82.96	82.25	83.1	82.65	81.44	83.86	82.72	82.59	81.36	80.56	82.39	82.06	80.72
Interest only	13.87	14.63	13.69	13.81	15.06	12.9	13.82	13.69	14.95	15.79	13.72	13.43	14.77
Combined (part and part)	2.2	2.11	2.27	2.59	2.23	2.16	2.32	2.56	2.49	2.42	2.64	3.12	3.06
Borrowers with an impaired credit history	0.85	0.88	0.82	0.8	1.02	0.7	0.74	0.74	0.61	0.55	0.52	0.51	0.49
Loans in arrears and possessions5
New arrears cases in quarter	13,433	13,537	14,329	13,554	14,085	14,510	15,131	15,132	16,474	18,229	20,665	21,795	20,251
Loans in arrears at end of quarter	160,962	164,839	169,426	170,914	177,793	181,137	183,658	186,566	190,736	190,670	188,932	178,993	165,365
New possessions in quarter	2,058	2,216	2,182	2,482	2,439	2,315	2,055	2,073	1,983	2,098	1,459	1,425	1,488
Possession sales in quarter	1,894	1,633	1,585	1,494	1,451	1,392	1,425	1,276	1,253	1,076	1,063	1,099	1,070
Properties in possession at end of quarter	8,825	9,244	9,319	9,123	8,681	7,670	7,123	6,798	6,483	6,032	5,236	4,899	4,818
Balances in arrears by severity7
Arrears 1.5% to 2.5% of balance	0.22	0.23	0.24	0.24	0.25	0.26	0.26	0.28	0.29	0.28	0.29	0.29	0.26
Arrears 2.5% to 5% of balance	0.27	0.27	0.28	0.29	0.31	0.31	0.32	0.34	0.35	0.36	0.37	0.34	0.29
Arrears 5% to 7.5% of balance	0.14	0.14	0.15	0.15	0.16	0.17	0.17	0.18	0.2	0.2	0.18	0.15	0.12
Arrears 7.5% to 10% of balance	0.09	0.09	0.09	0.1	0.11	0.11	0.12	0.13	0.12	0.11	0.09	0.08	0.07
Arrears 10% of balance or more	0.31	0.33	0.33	0.34	0.35	0.35	0.34	0.32	0.3	0.28	0.26	0.23	0.22
In possession	0.09	0.09	0.09	0.09	0.08	0.07	0.06	0.06	0.05	0.05	0.04	0.04	0.04
All balances in arrears	1.12	1.15	1.18	1.2	1.24	1.26	1.28	1.31	1.31	1.28	1.23	1.12	0.99
Arrears amounts2
Amount of arrears	2,613.28	2,563.94	2,551.51	2,542.94	2,552.06	2,587.02	2,538.07	2,519.76	2,486.07	2,322.83	2,280.9	2,070.71	1,915.04
Balances on loans in arrears	19,663.04	20,046.82	20,399.61	20,580.62	21,201.47	21,411.17	21,572.35	21,879.55	21,945.15	21,321.89	20,566.98	18,746.84	16,628.63
Mortgage arrears and possessions (UK Finance)4
Mortgages outstanding2
Number of mortgages outstanding (000s), homeowners	8,710	8,710	8,710	8,710	8,720	8,730	8,670	8,700	8,710	8,730	8,770	8,770	8,800
Number of mortgages outstanding (000s), buy-to-let	1,910	1,920	1,920	1,930	1,940	1,950	1,940	1,950	1,960	1,970	1,980	2,000	2,030
Mortgages in arrears, number10
All arrears of over 2.5% of balance, homeowners	77,940	79,110	80,490	84,120	87,380	90,120	92,170	93,600	96,090	96,420	93,690	87,010	81,880
Arrears of 2.5%-5% of balance, homeowners	27,100	27,290	27,780	28,950	29,840	30,690	31,720	32,850	34,420	35,520	35,940	33,590	30,920
Arrears of 5%-7.5% of balance, homeowners	13,490	13,710	13,790	14,340	15,020	15,740	16,430	16,940	18,030	18,220	17,270	15,480	14,070
Arrears of 7.5%-10% of balance, homeowners	8,220	8,440	8,640	9,330	9,710	10,160	10,570	10,750	10,820	10,510	9,720	8,590	8,200
Arrears over 10% of balance, homeowners	29,130	29,670	30,280	31,500	32,810	33,530	33,450	33,060	32,820	32,170	30,760	29,350	28,690
All arrears of over 2.5% of balance, buy-to-let	8,390	8,960	9,520	10,430	11,270	11,830	12,610	13,000	13,570	13,500	13,570	10,920	8,960
Arrears of 2.5%-5% of balance, buy-to-let	2,980	3,220	3,480	3,750	4,100	4,370	4,810	5,070	5,660	6,060	6,800	5,820	4,730
Arrears of 5%-7.5% of balance, buy-to-let	1,410	1,540	1,610	1,860	2,070	2,260	2,490	2,790	3,180	3,390	3,220	2,150	1,510
Arrears of 7.5%-10% of balance, buy-to-let	930	1,000	1,130	1,270	1,450	1,520	1,780	2,000	1,890	1,590	1,270	910	810
Arrears over 10% of balance, buy-to-let	3,070	3,200	3,300	3,550	3,650	3,680	3,530	3,140	2,840	2,460	2,280	2,040	1,910
Mortgages in arrears, share of those outstanding10
All arrears of over 2.5% of balance, homeowners, share of outstanding	0.89	0.91	0.92	0.97	1	1.03	1.06	1.08	1.1	1.1	1.07	0.99	0.93
Arrears of 2.5%-5% of balance, homeowners, share of outstanding	0.31	0.31	0.32	0.33	0.34	0.35	0.37	0.38	0.4	0.41	0.41	0.38	0.35
Arrears of 5%-7.5% of balance, homeowners, share of outstanding	0.15	0.16	0.16	0.16	0.17	0.18	0.19	0.19	0.21	0.21	0.2	0.18	0.16
Arrears of 7.5%-10% of balance, homeowners, share of outstanding	0.09	0.1	0.1	0.11	0.11	0.12	0.12	0.12	0.12	0.12	0.11	0.1	0.09
Arrears over 10% of balance, homeowners, share of outstanding	0.33	0.34	0.35	0.36	0.38	0.38	0.39	0.38	0.38	0.37	0.35	0.33	0.33
All arrears of over 2.5% of balance, buy-to-let, share of outstanding	0.44	0.47	0.5	0.54	0.58	0.61	0.65	0.67	0.69	0.69	0.69	0.55	0.44
Arrears of 2.5%-5% of balance, buy-to-let, share of outstanding	0.16	0.17	0.18	0.19	0.21	0.22	0.25	0.26	0.29	0.31	0.34	0.29	0.23
Arrears of 5%-7.5% of balance, buy-to-let, share of outstanding	0.07	0.08	0.08	0.1	0.11	0.12	0.13	0.14	0.16	0.17	0.16	0.11	0.07
Arrears of 7.5%-10% of balance, buy-to-let, share of outstanding	0.05	0.05	0.06	0.07	0.07	0.08	0.09	0.1	0.1	0.08	0.06	0.05	0.04
Arrears over 10% of balance, buy-to-let, share of outstanding	0.16	0.17	0.17	0.18	0.19	0.19	0.18	0.16	0.14	0.12	0.12	0.1	0.09
Possessions2
Possessions, homeowners	1,150	1,250	1,210	1,390	1,340	1,220	1,030	920	910	850	670	710	750
Possessions, buy-to-let	630	810	770	900	790	810	700	700	710	630	540	410	470

Latest reading

The latest reading is 8,710 Thousand mortgages, for Q2 2026. That is unchanged from Q1 2026 and −0.1% from a year earlier. The series on this page is quarterly and runs from Q2 2023 to Q2 2026. Source: Bank of England and FCA — Mortgage Lenders and Administrators Statistics; UK Finance — public mortgage arrears and possessions statistics.

Latest: 8,710 Thousand mortgages; Q2 2026
vs previous period: 0.0%; Q1 2026
vs a year earlier: −0.1%

About this data

The quarterly health of the UK mortgage book. The Mortgage Lenders and Administrators Return covers every regulated lender: new lending by loan-to-value and income multiple, fixed-rate share, interest rates, arrears and possessions (Bank of England and FCA). UK Finance adds the number and share of homeowner and buy-to-let mortgages in arrears by severity, and possessions.

Frequently asked questions

What does this UK mortgage lending and arrears table measure?: It tracks the quarterly performance and risk profile of the UK mortgage market, combining the regulatory Mortgage Lenders and Administrators Return (MLAR) from the Bank of England and FCA with industry data from UK Finance on homeowner and buy-to-let arrears and possessions.
How far back does UK mortgage lending and arrears data go?: Quarterly data for UK mortgage lending, arrears and possessions begins in 2007 and updates following every quarterly release from the Bank of England, FCA and UK Finance.
Which loan-to-value and income breakdowns are reported?: The series details new advances across specific loan-to-value bands, single-income multiples, joint-income multiples, combinations of high LTV with high income multiples, and lending to borrowers with an impaired credit history.
How are UK mortgage arrears defined and categorised in this table?: Arrears are categorised by the unpaid balance as a percentage of the outstanding loan balance, covering bands from 1.5% to over 10% for homeowners and buy-to-let borrowers, reported in £m, mortgage counts and percentage shares.