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30.03.202608:30:00UTC+00UK Mortgage Lending Climbs to £4.84B in February, Extending 2026 Recovery Trend

Mortgage lending in the United Kingdom strengthened in February 2026, with the total value of new loans rising to £4.84 billion, up from £4.08 billion in January 2026. The latest figures highlight a continued recovery in borrowing activity early in the year, signaling improving momentum in the UK housing finance market.

The increase between January and February suggests that more households and buyers are returning to the mortgage market after a slower period. While the data does not break down the drivers of growth, the month-on-month rise in lending volume points to firmer demand for property purchases or refinancing activity.

The updated figures, released on 30 March 2026, will be closely watched by financial markets and housing-sector participants as an indicator of consumer confidence and credit conditions in the UK economy. The February expansion in mortgage lending could set the tone for lending trends into the spring home-buying season.

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