Latest UK house purchase loans from the BBA 24 September 2015

  • Prior 46,033. Revised to 46,315
  • Net lending 1.955bn vs 1.701bn prior
  • Net credit card lending 197m vs 277m prior

Net total mortgage borrowing the most since 2010, highest approvals since Feb 2014

Also noted was corporate borrowing rising by 900m from July and driven by short term loans and manufacturing

The data shows both decent willingness to borrow as well as to lend, and that's a good sign for the UK. Usual caveats apply in that it's good as long as people aren't getting in over their heads again

UK BBA mortgage approvals