FX.co ★ UK Mortgage Approvals Edge Higher in February, Signalling Modest Housing Market Momentum

Mortgage approvals in the United Kingdom rose in February 2026, suggesting a modest pickup in housing market activity. According to the latest data updated on 30 March 2026, approvals increased to 62.58K in February from 60.00K in January 2026.

The rise in approvals indicates a slight strengthening in buyer demand at the start of the year, following a more subdued January. While the increase is not dramatic, it points to cautious optimism in the mortgage market as households continue to navigate broader economic uncertainties.

Market participants will be watching upcoming releases closely to see whether February’s uptick develops into a sustained trend or remains a short-term improvement in lending activity.