On a non-seasonally adjusted basis, lending in April:
Home buyers borrowed £9.6bn, down 14 per cent on March but up 19 per cent on April 2016. This came to 51,200 loans, down 16 per cent on March but up nine per cent on April 2016. Within this, first-time buyers borrowed £4.1bn, down 16 per cent on March but up eight per cent on April 2016. They took out 25,400 loans, down 18 per cent month-on-month but up two per cent year-on-year.
Meanwhile, home movers borrowed £5.5bn, down 11 per cent on March but up 28 per cent year-on-year. This equated to 25,700 loans, down 15 per cent monthon- month but up 17 per cent compared to April 2016.