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UK mortgage approvals fall 12% year-over-year by 2027-Q2

Resolves: Bank of England mortgage approvals data for June 2027 shows a year-over-year decline of 12% or more

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user-generated· macro

UK mortgage approvals fall 12% year-over-year by 2027-Q2

Market overview

UK mortgage approvals will decline by at least 12% year-over-year by the end of Q2 2027, as higher borrowing costs and economic uncertainty deter prospective homebuyers. This will be the largest annual drop since the 2008 financial crisis.

macro prediction market

Implied probability (Yes)
75%
Closes
2027-06-30

About this prediction

Resolution criteria

Bank of England mortgage approvals data for June 2027 shows a year-over-year decline of 12% or more

Source: user-generated

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