Mortgage lending in the first quarter of 2022 (January to March 2022):
Building societies approved 111,697 mortgage loans, a 28% share of the 392,341 mortgage loans approved across the market in the period. Gross mortgage lending by building societies was £17.9 billion, accounting for 24% of the £73.7 billion total mortgage lending in the UK during the period. Net mortgage lending by building societies (gross lending minus repayments) was £3.9 billion, a 25% share of total net lending across the market of £15.7 billion. This leaves building societies with outstanding mortgage balances of £358.0 billion at the end of March 2022, a 23% market share.
Building society mortgage lending figures can be downloaded here
Household savings in the first quarter of 2022 (January to March 2022):
Savings balances at building societies increased by £3.0 billion, a 29% share of the £10.6 billion across the market. Savings balances outstanding at building societies now stand at £333.2 billion, an 18% market share of the total £1,894.0 billion across the market.
Building society savings figures can be downloaded here.