Mortgage market showing real resilience

mortgage market showing real resilience

Mortgage approvals, an indicator of future demand, reached 63,531 in March, up 1.3% from February and the highest total since November 2025.

Despite higher mortgage rates driven by global uncertainty, mortgage approvals are just 0.8% below last year, pointing to underlying market resilience.

New buyer enquiries are down just 2% on last year, although the picture remains fairly cautious.roperty professionals reflect this view, with 42% reporting that buyer confidence is broadly in line with three months ago. Source: Dataloft by PriceHubble (poll of subscribers), Bank of England, Zoopla

Archives