UK secured lending to individuals net flow
UK secured lending to individuals net flow stood at £4,410m in Aug 2026, according to Bank of England. It is one of the indicators in the Bank lending table (Value · Monthly), with a complete series running from Apr 1993 to Aug 2026. The complete series with an interactive chart, free to download.
This indicator in the Bank lending table
| Indicator | 08-2026 | 07-2026 | 06-2026 | 05-2026 | 04-2026 | 03-2026 | 02-2026 | 01-2026 | 12-2025 | 11-2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Monthly flows and growth | |||||||||||
| Secured lending to individuals, net flow | 4,410 | 4,082 | 7,595 | 3,127 | 4,385 | 6,676 | 5,178 | 4,521 | 4,852 | 4,860 | |
| Lending to individuals, 12-month growth | 4.3 | 4.3 | 4.3 | 4.2 | 4.1 | 3.8 | 4.1 | 4 | 4 | 3.9 |
Understanding UK secured lending to individuals net flow
Monetary financial institutions calculate the net monthly change in sterling residential mortgage debt owed by individuals across the United Kingdom, subtracting total capital repayments and write-offs from newly advanced housing loans. Unlike outstanding stock measures that reflect cumulative historical debt, this flow metric isolates purely the net new financing extended during the specific period, distinguishing it from unsecured borrowing series and gross lending totals.
Evaluating these figures demands caution regarding seasonal housing market lulls and early statistical revisions that often adjust initial estimates as more complete lender returns arrive. Analysts must examine consecutive monthly patterns alongside twelve-month growth rates to understand underlying credit momentum, and avoid confusing net figures with gross advances since a high volume of new lending can be entirely masked by equally heavy repayments.
Frequently asked questions
- What does a negative net flow indicate for secured lending?
- It shows that borrowers collectively repaid more principal during the month than they drew in new mortgage advances.
- Are mortgage interest payments included in this net flow calculation?
- No, the series measures changes in the principal balance of debt rather than interest charges or fee additions.
- How does this series differ from gross mortgage lending?
- Gross lending measures total new advances before accounting for repayments, whereas net flow accounts for both advances and repayments.