Reference Case Number: FOI9468
Freedom of Information: Right to know request:
How many equity release (lifetime mortgages) mortgages were sold in 2022 so far. Please can you break the data down by month and you also break it down by the amount of equity release in 10% increments up to 60%.
FCA response:
We have processed your request in line with the provisions of the Freedom of Information Act 2000 (FOIA) and can provide in the tables below the volume of lifetime mortgage sales in the first and second quarters of 2022 (ie. Q1 and Q2), broken down by month.
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Number of lifetime mortgage sales by LTV band
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|---|---|---|---|---|---|---|---|---|---|---|
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Year of Account Open Date |
Month of Account Open Date |
0 - <=10% |
>10 - <=20% |
>20 - <=30% |
>30 - <=40% |
>40 - <=50% |
>50 - <=60% |
>60% |
Unspecified |
Grand Total |
|
2022 |
January |
813 |
1,073 |
989 |
846 |
409 |
72 |
1 |
1 |
4,204 |
|
February |
770 |
1,034 |
996 |
939 |
437 |
95 |
1 |
3 |
4,275 |
|
|
March |
914 |
1,261 |
1,185 |
1,013 |
578 |
110 |
5,061 |
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|
April |
903 |
1,064 |
981 |
986 |
453 |
102 |
4,489 |
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|
May |
1,015 |
1,212 |
1,174 |
1,020 |
509 |
130 |
1 |
1 |
5,062 |
|
|
June |
958 |
1,221 |
974 |
945 |
524 |
89 |
|
|
4,711 |
|
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Source: FCA Product Sales Data (PSD001)
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From April 2021 onwards, sales data includes internal product transfers and further advances.
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