FX.co ★ UK Mortgage Lending Inches Higher to £4.60B in December 2025

Mortgage lending in the United Kingdom edged up in December 2025, with new loans reaching £4.60 billion, a slight increase from £4.59 billion recorded in November 2025. The latest figures highlight a marginal month-on-month improvement in borrowing activity.

While the uptick from November’s level is modest, the data suggests that mortgage demand remained resilient at the close of 2025. The December reading, updated on 30 January 2026, will be closely watched by market participants as they assess the underlying strength of the UK housing and credit markets going into the new year.

The near-flat trajectory between November and December may indicate that borrowers and lenders alike are still cautious, despite stable lending volumes. Analysts will likely look to upcoming monthly releases to determine whether December’s move marks the start of a gradual upward trend or a period of sideways performance in UK mortgage lending.