Bank of England (BoE) Net Lending to Individuals m/m

Country:
United Kingdom
GBP, Pound sterling
Source:
Sector:
Consumer
Low £4.601 B £4.559 B
£4.737 B
Last release Importance Actual Forecast
Previous
£4.559 B
£4.601 B
Next release Actual Forecast
Previous
  • Overview
  • Chart
  • History
  • Widget

Bank of England Net Lending to Individuals m/m reflects a change in the net volume of outstanding loans in the given month compared to the previous one. The indicator calculation includes sterling consumer loans to individuals and loans secured on dwelling.

The net volume of current outstanding loans is the gross lending flow in the current month, net of the loan repayment.

Loans secured on dwelling are divided into three types:

  • House purchase lending (approvals for lending fully secured on dwellings through a primary mortgage)
  • Remortgaging (allowing the borrower to pay for the current mortgage by lending provided by another lender)
  • Other lending (increasing the current mortgage with the same lender to improve housing, etc.).

Consumer loan types include credit card lending and "other" loans (such as overdrafts and bank loans in cash). Sterling loans to individuals are provided by three main types of organizations.

  • UK-resident banks. They provide monthly credit reports directly to the Bank of England.
  • Building societies are specialized banks, which provide targeted housing loans. Data from building societies are also collected on a permanent basis and provided in special forms.
  • Other specialist lenders. This includes non-bank, non-building society UK credit grantors, specialist mortgage lenders, retailers, government, corporations, insurance companies and pension funds. Data from them are collected by the Office for National Statistics.

Consumer lending volume is a leading indicator of consumer activity and retail sales, as well as of the housing market and the banking sector. The indicator growth allows forecast of economy expansion and can affect the British pound quotes positively.

Last values:

actual data

forecast

The chart of the entire available history of the "Bank of England (BoE) Net Lending to Individuals m/m" macroeconomic indicator. The dashed line shows the forecast values ​​of the economic indicator for the specified dates.

A significant deviation of a real value from a forecast one may cause a short-term strengthening or weakening of a national currency in the Forex market. The threshold values ​​of the indicators signaling the approach of the critical state of the national (local) economy occupy a special place.

Date (GMT)
Reference
Actual
Forecast
Previous
Feb 2019
£4.601 B
£4.559 B
£4.737 B
Jan 2019
£4.755 B
£4.606 B
£4.631 B
Dec 2018
£4.799 B
£4.75 B
£4.589 B
Nov 2018
£4.377 B
£4.795 B
£4.843 B
Oct 2018
£5.015 B
£4.795 B
£4.867 B
Sep 2018
£4.677 B
£4.934 B
£4.316 B
Aug 2018
£4.022 B
£5.229 B
£3.808 B
Jul 2018
£4.012 B
£5.229 B
£5.371 B
Jun 2018
£5.418 B
£5.117 B
£5.345 B
May 2018
£5.266 B
£5.047 B
£5.557 B
Apr 2018
£5.726 B
£5.047 B
£4.384 B
Mar 2018
£4.222 B
£5.259 B
£5.547 B
Feb 2018
£5.365 B
£5.331 B
£4.761 B
Jan 2018
£4.746 B
£5.439 B
£5.104 B
Dec 2017
£5.203 B
£5.451 B
£5.233 B
Nov 2017
£4.899 B
£5.508 B
£4.71 B
Oct 2017
£4.842 B
£5.51 B
£5.237 B
Sep 2017
£5.453 B
£5.329 B
£5.689 B
Aug 2017
£5.624 B
£5.347 B
£4.751 B
Jul 2017
£4.78 B
£5.381 B
£5.485 B
Jun 2017
£5.607 B
£5.36 B
£5.681 B
May 2017
£5.3 B
£4.2 B
Apr 2017
£4.3 B
£4.7 B
Mar 2017
£4.7 B
£4.9 B
Feb 2017
£4.9 B
£4.8 B
Jan 2017
£4.8 B
£4.7 B
Dec 2016
£4.8 B
£5.1 B
Nov 2016
£5.1 B
£4.9 B
Oct 2016
£4.9 B
£4.7 B
Sep 2016
£4.7 B
£4.7 B
Aug 2016
£4.5 B
£3.8 B
Jul 2016
£3.8 B
£5.1 B
Jun 2016
£5.2 B
£4.5 B
May 2016
£4.3 B
£1.6 B
Apr 2016
£1.6 B
£9.2 B
Mar 2016
£9.3 B
£5 B
Feb 2016
£4.9 B
£5.4 B
Jan 2016
£5.3 B
£4.3 B
Dec 2015
£4.4 B
£5.3 B
Nov 2015
£5.3 B
£4.8 B
Oct 2015
£4.8 B
£4.9 B
Sep 2015
£4.9 B
£4.7 B
Aug 2015
£4.3 B
£4 B
Jul 2015
£3.9 B
£3.9 B
Jun 2015
£3.8 B
£3.5 B
May 2015
£3.1 B
£2.9 B
Apr 2015
£2.9 B
£3.3 B
Mar 2015
£3.1 B
£2.6 B
Feb 2015
£2.5 B
£2.4 B
Jan 2015
£2.4 B
£2.1 B

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