Mortgage Lenders and Administrators Statistics

MLAR statistics are aggregated from the returns from around 300 regulated mortgage lenders and administrators who are required to submit a Mortgage Lenders and Administrators Return (LMAR) about their mortgage lending activities (banks, building societies, credit unions and other specialist lenders) Quarterly data and long run data (from 2007) is available. The Mortgage Lenders and Administrators Return (MLAR) statistics provides data on mortgage lending activities.The purpose of the MLAR data return is to provide prudential regulatory and conduct of business mortgage data to the PRA and FCA. The dataset includes detailed information about residential loans to individuals including: The split between regulated and unregulated mortgages; Mortgages by product types; Balances of all outstanding loans; New advances and commitments, including by purpose of loans; Unsecuritised and securitised loans; Interest rates on loans; Lending criteria, including loan to value (LTV) and income multiples; Lending to those with impaired credit histories; and Arrears and possessions.

Note: that data collected by the MLAR on the 'number of loan accounts' - ie volume of lending, is calculated on a different basis to, and therefore materially higher than, those published by the CML on numbers of mortgages

Time

2007 - On-going (Quarterly)

The statistics are currently published by the Bank of England and FCA approximately 2 months after the end of each quarter and available through each organisation's website. Mortgage Lenders and Administrators statistics derived from MLAR data are available at a lower frequency quarterly rather than monthly than the Bank of England Money and Credit statistics on lending to individuals, and are less timely.

Dataset Quality

None

Following the creation of the Bank of England Prudential Regulation Authority (PRA) and of the FInancial Conduct Authority (FCA) on 1st April 2013, these mortgage lending statistics are compiled and jointly published by the two regulators

Dataset Access and Use

Data available to download as Excel spreadsheets from the Bank of England Website (above) but also from the Financial Conduct Authority: http://www.fca.org.uk/firms/systems-reporting/mortgage-lending-stats

Geography

Coverage: UK

Units: National

It is unclear whether data is available at a smaller geographic unit

Resources