Top UK Mortgage Lenders

Who are the top UK Mortgage Lenders?

Updated in 2019, these figures break down the top UK Mortgage Lenders.  The figures are taken from UK Finance and show the top lenders based on total gross lending through the year as well as by total balances outstanding.

Top of both tables is Lloyds Banking Group, who lend under the Lloyds, Halifax, Bank of Scotland and Birmingham Midshires brands, amongst others.

Nationwide are the largest Building Society whilst the RBS Group, comprising of both Royal Bank of Scotland and Natwest are firmly near the top.

The Top 6 lent over two-thirds of all mortgage lending in 2018

Top UK Mortgage Lenders – by total gross lending

Rank Lending (£bn) Market share
Lender (2018) (2018) (2018)
Lloyds Banking Group 1                      42.5 15.8%
Nationwide BS 2                      35.7 13.3%
Royal Bank of Scotland 3                      30.5 11.4%
Santander UK 4                      28.3 10.5%
Barclays 5                      23.1 8.6%
HSBC Bank 6                      21.5 8.0%
Coventry BS 7                        9.2 3.4%
Yorkshire BS 8                        8.7 3.2%
Virgin Money 9                        6.8 2.5%
Clydesdale Bank plc 10                        5.0 1.9%
TSB Bank 11                        4.8 1.8%
Co-operative Bank plc 12                        4.3 1.6%
Metro Bank 13                        4.2 1.6%
Skipton BS 14                        4.1 1.5%
Leeds BS 15                        3.8 1.4%
Bank of Ireland 16                        3.3 1.2%
Precise Mortgages 17                        2.5 0.9%
Principality BS 18                        1.9 0.7%
Paragon Group 19                        1.6 0.6%
Tesco Bank 20                        1.4 0.5%

Top UK Mortgage Lenders – by total balances outstanding

Rank Balances (£bn) Market share
Lender (2018) (2018) (2018)
Lloyds Banking Group 1                       287.5 20.4%
Nationwide BS 2                       183.9 13.0%
Santander UK 3                       157.6 11.2%
Royal Bank of Scotland 4                       138.4 9.8%
Barclays 5                       136.2 9.7%
HSBC Bank 6                         90.6 6.4%
Coventry BS 7                         39.2 2.8%
Yorkshire BS 8                         35.5 2.5%
Virgin Money 9                         35.1 2.5%
TSB Bank 10                         27.7 2.0%
Clydesdale Bank plc 11                         24.8 1.8%
Bank of Ireland 12                         19.3 1.4%
Skipton BS 13                         16.6 1.2%
Co-operative Bank plc 14                         16.0 1.1%
Leeds BS 15                         15.9 1.1%
Topaz Finance 16                         11.2 0.8%
Paragon Group 17                         10.4 0.7%
Metro Bank 18                          9.9 0.7%
Kensington Mortgages 19                          8.8 0.6%
Aviva Equity Release 20                          8.5 0.6%

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