UK mortgage approvals fall to lowest since end of 2023
Summary
UK mortgage approvals for house purchases decreased in August, reaching the lowest level since the end of 2023. The Bank of England reported 54,900 approvals, down from 55,900 in July. This marks a continued decline in mortgage activity, reflecting ongoing challenges in the housing market. The figures indicate a slowdown in home buying, with no signs of immediate recovery. The data has been consistently reported by multiple outlets, showing a consistent trend over the period.
Latest: On 2026-09-29, the latest data confirmed that UK mortgage approvals for house purchases fell to 54,900 in August, the lowest since the end of 2023.
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How it unfolded
Tuesday 29 September
On 2026-09-29, the latest data confirmed that UK mortgage approvals for house purchases fell to 54,900 in August, the lowest since the end of 2023.
- 05:38The IndependentUK mortgage approvals fall to lowest since end of 2023
- 05:38Evening StandardUK mortgage approvals fall to lowest since end of 2023