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UK mortgage approvals fall to 53,400 in September

The Bank of England says net mortgage approvals for house purchase fell to 53,400 in September 2026, while approvals for remortgaging rose to 42,600.

The Bank of England's Money and Credit statistics for September 2026, published on 29 October, show that net mortgage approvals for house purchase decreased to 53,400 in September. Approvals for remortgaging increased to 42,600 over the same month. Net borrowing of mortgage debt by individuals decreased to £3.9 billion (Bank of England, Money and Credit, September 2026).

UK mortgage approvals fall to 53,400 in September — moving average crossover diagram
A fast moving average crossing a slower one

Key figures, September 2026

  • Net mortgage approvals for house purchase: 53,400
  • Approvals for remortgaging: 42,600
  • Net borrowing of mortgage debt by individuals: £3.9 billion
UK mortgage approvals fall to 53,400 in September — risk-reward diagram
A risk-reward ratio of 1 to 2

Mortgage approvals are one of the Bank's measures of housing demand. The previous release is covered in UK mortgage approvals fall to 54,900 in August.

UK mortgage approvals fall to 53,400 in September — candlestick anatomy diagram
The parts of a candlestick: wick, body, open and close

Sources

  1. Bank of England: Money and Credit, September 2026

Common questions

How many mortgage approvals for house purchase were there in September 2026?

Net approvals for house purchase were 53,400 in September 2026, according to the Bank of England's Money and Credit release of 29 October 2026.

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