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Top 10 Mortgage Lenders

Published: 28/08/2020

The UK’s top ten mortgage lenders lent a staggering £220.7 billion in 2019, increasing their market share to 82.4%, up from 80.4% in 2018.

The top ten lenders retained the ranking they held in 2018, Lloyds Bank the largest lender followed by Nationwide and NatWest.

The first half of 2020 saw mortgage approvals decline -32% compared to first half of 2019. Gross mortgage lending also fell, -14%.

Even with the increased demand following the stamp duty holiday, lending figures for 2020 are likely to be below 2019, potentially shifting the position of the top 10 mortgage lenders.

Are you trying to find a new place to live, call Willmotts for property advice or information with selling and or buying a home please email sales@willmotts.com or call 020 8222 9958

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Source: Dataloft, UK Finance