The value of mortgage enquiries in Poland increased by 15.8% year on year in June 2026, according to the BIK Mortgage Loan Demand Index.
The reading means that, on a working-day-adjusted basis, banks and credit unions submitted enquiries to Poland’s Credit Information Bureau, or BIK, concerning mortgage applications with a total value 15.8% higher than in June 2025.
A total of 42,830 people applied for a mortgage in June 2026, compared with 37,400 a year earlier. This represents an increase of 14.5% year on year.
Compared with May 2026, however, the number of mortgage applicants declined by 5%.
The average value of a mortgage application reached PLN 506,640 in June. This was 6.2% higher than a year earlier and 0.2% above the level recorded in May 2026.
“The continued strength of demand is demonstrated by the number of people applying for a mortgage in June, which was almost 15% higher than a year earlier,” says Waldemar Rogowski, chief analyst at BIK Group.
“It should be remembered that not all applications are connected with the purchase of a property on the primary or secondary market. Some customers are seeking a new mortgage in order to refinance an existing loan.”
Rogowski also expects the annual growth rate in mortgage applications to decline gradually over the coming months.
“As I have indicated previously, this is directly related to the base effect. In the coming months, current results will increasingly be compared with periods in which the mortgage market had already begun to recover, as reflected in the growing number of applicants,” he explains.
Average mortgage application reaches an all-time high
The average value of a mortgage application increased again in June and reached the highest level ever recorded.
The new record of PLN 506,640 represents a year-on-year increase of 6.2%.
According to BIK, two principal factors contributed to the June reading of the Mortgage Loan Demand Index: the number of applicants remained higher than a year earlier, while the average amount requested by borrowers continued to rise.
“The June value of the BIK Mortgage Loan Demand Index was driven by two factors: the number of applicants, which remained above last year’s level, and the increasing average value of the requested mortgage,” Rogowski says.
He notes, however, that the number of applicants is likely to have a greater influence on the index in the months ahead.
“As the number of applicants is expected to stabilise, even continued growth in the average requested amount is likely to result in a slowdown in the annual growth rate of the index over the coming months,” the BIK chief analyst concludes.
Refinancing contributes to mortgage demand
Part of the current demand for mortgages is being generated by borrowers seeking to refinance existing loans rather than finance new property purchases.
Falling interest rates have encouraged customers who took out more expensive mortgages in previous years to investigate whether transferring their debt to another bank could reduce their monthly repayments.
As a result, the number and value of mortgage enquiries do not provide a direct measure of demand for homes alone. They also reflect the growing refinancing market.
What is the BIK Mortgage Loan Demand Index?
The BIK Mortgage Loan Demand Index measures interest in residential mortgage financing in Poland.
It shows how the total value of mortgage applications submitted by individual customers has changed compared with the corresponding period of the previous year.
The index is useful for analysts and financial institutions because it helps them assess current trends in the mortgage market and anticipate the potential level of lending activity in the months ahead.
