There were 36,200 new first-time buyer mortgages completed in the month and the £6.0bn of new lending in the month was 9.1% more year-on-year.
It wasn't only FTBs who saw a stronger November than the previous year, with 36,200 new homemover mortgages completed in the month, an 1.1% increase on the same month a year earlier. The £7.8bn of new lending in the month was 4 % more year-on-year.
Remortgages in November were 1.3 % higher year on year, although the value - £6.8bn - remained the same.
Buy-to-let saw a 9% decrease on the previous year, however - with an 11.1% decrease in value.
There were 15,000 new buy-to-let remortgages completed in the month, some 9.5 per cent more than in the same month a year earlier. By value this was £2.4bn of lending in the month, 9.1 per cent more year-on-year.
Commenting on the data, Jackie Bennett, Director of Mortgages at UK Finance said:
"A mixture of competitive deals and schemes including Help to Buy saw even more first-time buyers get a foot on the housing ladder during November.
"Meanwhile, homeowner remortgaging activity has steadied, after reaching its highest level in a decade the previous month as a large number of fixed-rate deals came to an end.
"In the buy-to-let market new home purchases remain subdued, while remortgaging continues to grow as landlords lock into attractive rates."
