The twelve-month growth rate increased 0.1 percentage points to 0.9%.
Within total lending, net mortgage lending rose by £0.3 billion, less than the previous six-month average increase of £0.6 billion.
The three-month annualised growth rate increased 0.2 percentage points to 0.5% while the twelve-month growth rate was unchanged at 0.6%.
Gross lending secured on dwellings was £12.2 billion in September, higher than the previous six-month average of £11.3 billion. Repayments in September were £11.7 billion, higher than the previous six-month average of £11.1 billion.
The number of mortgage approvals decreased in September ( 50,967), but was higher than the previous six-month average (48,460).
The number of approvals for remortgaging (34,924) increased in September and was higher than the previous six-month average (31,140).
The number of approvals for other purposes (20,102) decreased in September and was less than the previous six-month average (20,480).
Consumer credit rose by £0.6 billion in September, higher than the previous six-month average increase of £0.5 billion.
The twelve-month growth rate increased 0.2 percentage points to 2.5%, the highest since May 2009 (also 2.5%). Within consumer credit, credit card lending rose by £0.2 billion in September and other loans and advances rose by £0.5 billion.
The Bank of England also released seperate figures showing the sectoral breakdown of aggregate M4 and M4 lending for September 2011.
M4 excluding intermediate OFCs increased by £3.4 billion in September, compared to an average monthly increase of £3.5 billion in the previous six months.
The three-month annualised growth rate was 4.9%. M4 lending excluding intermediate OFCs decreased by £6.4 billion in September, compared to an average monthly decrease of £3.9 billion in the previous six months.
The three-month annualised growth rate was -5.7%.
Alex King, director of SPF Private Clients, comments:
"While champagne corks are unlikely to be popping any time soon, these figures are a rare ray of light amid the current economic gloom.
"Secured credit is at its most available since the financial crisis, but that isn't saying much. Total lending is a shadow of what it was at the 2007 peak, and is showing little sign of recovering soon.
"Lenders are being squeezed at both ends - with consumer confidence at rock bottom, persuading consumers to take on more debt is proving a very tough sell.
"And the funding markets that the lenders use to fuel their loans are still intensely jittery, which is feeding through into more expensive terms offered to borrowers. The lending market remains stuck in a rut, and will remain so for the foreseeable future.
"But Britain's lenders are thankfully free of many of the problems bedevilling their European neighbours."
