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Evening Standard
Evening Standard
Vicky Shaw

Mortgage approvals to home buyers drop to lowest level in year-and-a-half

Budget HMRC Housing Market
Finance experts have said they expect the housing market to rebuild some momentum this year (Anthony Devlin/PA) - (PA Archive)

The number of mortgage approvals made to home buyers fell to its lowest level in a year-and-a-half in December, according to Bank of England figures.

Some 61,013 mortgage approvals for house purchase were recorded in December 2025, which was down from 64,072 the previous month, and the lowest level since 60,920 approvals in June 2024.

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