Mortgage lending in the United Kingdom strengthened in March 2026, rising to £6.15 billion from £4.84 billion in February 2026. The latest data, updated on 1 May 2026, indicate a notable pick-up in activity after the more subdued level seen a month earlier.
The increase of £1.31 billion over the period suggests a renewed appetite for borrowing in the housing market, following February’s comparatively weaker performance. While the figures do not explain the drivers behind the rebound, the March data point to a more active mortgage market as the first quarter of 2026 came to a close.
The updated numbers will be closely watched by market participants and policymakers as they assess the trajectory of the UK housing and credit markets heading into the rest of the year.
