Topic updates
Who are Britain's Biggest Mortgage Lenders?
1st December 2022
Housing economics is always topical, and the mortgage market is a key one to study. So, who are the UK’s largest suppliers of mortgage finance for would-be home-buyers?
Lloyds is out in front with 18% of the market but three of the leading UK mortgage lenders are building societies.
Building Societies such as Nationwide and Yorkshire are owned entirely by their members - they do not have shareholders.
Building societies provide a full range of savings, mortgage and insurance products and often compete directly with leading commercial banks.
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Geoff Riley
Geoff Riley FRSA has been teaching Economics for over thirty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD conferences in the UK and overseas.
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