Number of home loan applications in December 2022 down by about 63% - BIK

A total of 12.3 thousand potential borrowers applied for a home loan in December 2022, down about 63% year-on-year and 9.6% month-on-month, the Credit Information Bureau (BIK) said on Thursday.

The average home loan applied for in December 2022 was £347.62k, down 3.3% from December 2021. 

Source: PAP