"Decreased new lending at higher LTVs is consistent with the trend of increased share of lending for remortgaging as opposed to house purchase purposes."
Its data shows that the proportion of loans to the highest loan-to-income borrowers continues to increase, but new lending at LTVs at and above 90% decreased by 0.4 percentage points from the previous quarter to 4.2%.
First-time buyers' market share decreased by 1.0 percentage points to 21%.
The Bank says this trend of decreased new lending at higher LTVs is "consistent with the trend of increased share of lending for remortgaging as opposed to house purchase purposes".
From the previous quarter there has been a 0.4 percentage point decrease in the value of new loans for house purchases from 66.3% to 65.9%, driven by a decrease in the first-time-buyer category.
On the other hand, lending to existing borrowers in the form of remortgages increased by 0.8 percentage points from 27.5% to 28.3%.
Overall, residential mortgage activity increased by 13% compared to the previous quarter, with new commitments increasing annually by 14% to £69.6 billion,
The share of buy-to-let lending decreased to 12.8% in Q3, the lowest percentage since Q3 2013.
The proportion of total loan balances in arrears decreased to 1.1% at the end of Q3 2017, the lowest level since the series began.
