英镑/日元在200.00附近承压，双顶模式预示下行风险。英镑/日元在200.00附近承压，双顶模式预示下行风险

GBP/JPY under pressure near 200.00 as double-top pattern signals downside risk.GBP/JPY under pressure near 200.00 as double-top pattern signals downside risk

2025年9月，英国个人抵押贷款债务净借款增加了12亿英镑，达到55亿英镑，为2025年3月以来的最高水平（132亿英镑）。9月份，抵押贷款净额的年增长率从8月份的3.0%上升至3.2%，为2023年1月以来的最高水平（3.4%）。9月份的贷款总额为249亿英镑，高于上个月的230亿英镑。9月份的还款总额略有上升，从200亿英镑增至203亿英镑。

Net borrowing of mortgage debt by individuals in the UK rose by £1.2 billion to £5.5 billion in September 2025, the highest since March 2025 (£13.2 billion). The annual growth rate for net mortgage lending increased to 3.2% in September from 3.0% in August, the highest since January 2023 (3.4%). Gross lending amounted to £24.9 billion in September, up from £23.0 billion in the previous month. Gross repayments rose slightly in September, to £20.3 billion from £20.0 billion.

2025年9月，英国个人消费信贷净借款为14.9亿英镑，为5月以来的最低水平，低于8月向上修订的17.5亿英镑。9月份，通过其他形式的消费信贷（如汽车经销商融资和个人贷款）的净借款从上个月的10亿英镑降至8亿英镑。与此同时，与8月份的7亿英镑相比，信用卡净借款几乎没有变化。所有消费信贷的年增长率略有上升，从8月份的7.2%上升到9月份的7.3%。同期，信用卡借贷的年增长率从10.5%上升至10.8%，而其他形式的消费信贷的年增长速度略有下降，从5.8%降至5.7%。

Net borrowing of consumer credit by individuals in the UK was at £1.49 billion in September 2025, the lowest level since May, down from an upwardly revised £1.75 billion in August. Net borrowing through other forms of consumer credit, such as car dealership finance and personal loans, decreased to £0.8 billion in September, from £1.0 billion in the previous month. Meanwhile, net borrowing through credit cards was little changed when compared to August at £0.7 billion. The annual growth rate for all consumer credit rose slightly, to 7.3% in September from 7.2% in August. Over the same period, the annual growth rate for credit card borrowing increased to 10.8% from 10.5%, while the annual growth rate for other forms of consumer credit decreased slightly, to 5.7% from 5.8%.

2025年9月，英国购房抵押贷款批准净额增加了1000个，达到65900个，为九个月来的最高水平，高于市场预期的64000个，这是未来借款的指标。9月份，再抵押的批准数量减少了600份，降至37200份。新提取抵押贷款的“有效”利率下降了7个基点，至4.19%，为2023年1月以来的最低水平（3.88%），延续了自2025年3月以来的下降趋势。未偿还抵押贷款存量的利率保持不变，为3.89%。

Net mortgage approvals for house purchase in the UK, which is an indicator of future borrowing, increased by 1,000, to 65,900 in September 2025, the highest in nine months and above market expectations of 64,000. Approvals for remortgaging, which only capture remortgaging with a different lender, decreased by 600, to 37,200 in September. The ‘effective’ interest rate on newly drawn mortgages decreased by 7 basis points to 4.19%, the lowest since January 2023 (3.88%), continuing the downward trend observed since March 2025. The rate on the outstanding stock of mortgages remained unchanged at 3.89%.