UK Money and Credit - November 2025

Net borrowing of mortgage debt by individuals increased to £4.5 billion in November, following a decrease of £1.0 billion to £4.2 billion in October. In November, net mortgage approvals for house purchase fell by 500 to 64,500. By contrast, approvals for remortgaging rose by 3,200 to 36,600 in November. Net borrowing of consumer credit by individuals increased to £2.1 billion in November from £1.7 billion in October. Within this, net borrowing through credit cards was £1.0 billion in November, up from £0.7 billion in October. Net borrowing through other forms of consumer credit (such as car dealership finance ... (