英镑将迎来两年多来最大的季度涨幅。周一，英镑兑美元汇率有望创下两年多来最大季度涨幅，这得益于美元全面疲软以及对美英贸易协议的乐观情绪。

Sterling heads for biggest quarterly jump in more than two years.Sterling was on track for its biggest quarterly rise against the dollar in more than two years on Monday, aided by weakness in the dollar across the board and optimism over a trade deal between the United States and Britain.

2025年5月，英国个人的净抵押贷款借款增加了28亿英镑，达到21亿英镑，而4月份的净借款大幅下降了138亿英镑，为负8亿英镑。尽管5月份的数字略低于市场预期（25亿英镑），但反弹表明，在4月份购房者税收减免到期后，住房市场将迅速复苏。5月份抵押贷款净额的年增长率从4月份的2.5%微升至2.6%。抵押贷款总额从上个月的169亿英镑增至204亿英镑，而还款总额从182亿英镑降至176亿英镑。与此同时，5月份新提取抵押贷款的“实际”利率（实际支付的利息）从4月份的4.49%降至4.47%。相比之下，未偿还抵押贷款余额的利率从3.86%微升至3.87%。

Net mortgage borrowing by UK individuals rose by £2.8 billion to £2.1 billion in May 2025, following a sharp drop of £13.8 billion in April, when net borrowing turned negative at -£0.8 billion. Although the May figure fell slightly short of market expectations (£2.5 billion), the rebound points to a swift recovery in the housing market after the expiration of a homebuyer tax break in April. The annual growth rate of net mortgage lending edged up to 2.6% in May from 2.5% in April. Gross mortgage lending increased to £20.4 billion, up from £16.9 billion in the previous month, while gross repayments declined to £17.6 billion from £18.2 billion. Meanwhile, the ‘effective’ interest rate—the actual interest paid—on newly drawn mortgages dipped to 4.47% in May from 4.49% in April. In contrast, the rate on outstanding mortgage balances rose marginally to 3.87% from 3.86%.

英国购房抵押贷款批准净额是未来借款的关键指标，2025年5月升至63032，高于4月向上修订的60656，远高于市场预期的59750。强于预期的反弹表明，在4月份购房者减税政策到期后，房地产市场正在迅速复苏。与此同时，再抵押批准（仅限于借款人转向其他贷款机构）攀升6200至41500，为2024年2月以来的最大月度增长。5月份新提取抵押贷款的“有效”利率从4月份的4.49%小幅降至4.47%，而未偿还抵押贷款余额的利率从3.86%小幅升至3.87%。

Net mortgage approvals for house purchases in the UK, a key indicator of future borrowing, rose to 63,032 in May 2025, up from an upwardly revised 60,656 in April and well above market expectations of 59,750. The stronger-than-expected rebound suggests the housing market is recovering swiftly following the expiration of a homebuyer tax break in April. Meanwhile, approvals for remortgaging (limited to borrowers switching to a different lender) climbed by 6,200 to 41,500—the largest monthly increase since February 2024. The ‘effective’ interest rate on newly drawn mortgages edged down to 4.47% in May from 4.49% in April, while the rate on outstanding mortgage balances inched up to 3.87% from 3.86%.

2025年5月，英国个人消费信贷净借款降至9亿英镑，为2024年4月以来的最低水平，低于市场预期的11亿英镑。其中，通过信用卡的净借款从12亿英镑降至1亿英镑。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8亿英镑略微降至7亿英镑。所有消费信贷的年增长率从6.7%降至6.5%。同期，信用卡借贷年增长率从9.9%降至9.2%，其他形式消费信贷年增长率稳定在5.3%。5月份，计息透支的实际利率下降了7个基点，降至22.28%。计息信用卡的实际利率上升了9个基点，至21.54%。个人新增个人贷款实际利率上升3个基点，达到8.72%。

Net borrowing of consumer credit by UK individuals decreased to £0.9 billion in May 2025, the lowest level since last April 2024 and below market expectations of £1.1 billion. Within this, net borrowing through credit cards decreased to £0.1 billion, from £1.2 billion. Net borrowing through other forms of consumer credit (such as car dealership finance and personal loans) decreased slightly to £0.7 billion, from £0.8 billion. The annual growth rate for all consumer credit decreased to 6.5%, from 6.7%. Over the same period, the annual growth rate for credit card borrowing decreased to 9.2% from 9.9%, and the annual growth rate for other forms of consumer credit remained stable at 5.3%. The effective interest rate on interest-charging overdrafts decreased by 7 basis points, to 22.28% in May. The effective rate on interest-charging credit cards increased by 9 basis points, to 21.54%. The effective rate on new personal loans to individuals increased by 3 basis points, to 8.72%.