Reference Case Number: FOI9219
Freedom of Information: Right to know request:
Could you provide me with a table showing how many lifetime mortgages were sold in Q1 2022 and Q1 2021 broken down by the Initial Gross Rate of interest that applied to each sale please.
Could you also provide the same breakdown for the 2021 calendar year.
FCA response:
Please find below a table listing the number of sales of lifetime mortgages, split by initial gross rate of interest, in Q1 2021, FY 2021, and Q1 2022. All data has been sourced from our Product Sales Data.
|
Initial Gross Rate of Interest (%) |
Q1 2021 |
FY 2021 |
Q1 2022 |
|---|---|---|---|
|
0-1.99 |
27 |
54 |
21 |
|
2.00-2.24 |
72 |
74 |
0 |
|
2.25-2.49 |
2,185 |
2,772 |
15 |
|
2.50-2.74 |
2,391 |
7,518 |
602 |
|
2.75-2.99 |
1,856 |
9,515 |
2,966 |
|
3.00-3.24 |
831 |
6,791 |
2,786 |
|
3.25-3.49 |
451 |
3,759 |
1,833 |
|
3.50-3.74 |
350 |
2,375 |
1,237 |
|
3.75-3.99 |
380 |
2,290 |
942 |
|
4.00-4.24 |
211 |
1,437 |
572 |
|
4.25-4.49 |
257 |
1,468 |
484 |
|
4.50-4.74 |
163 |
913 |
411 |
|
4.75-4.99 |
285 |
1,605 |
287 |
|
5.00-5.24 |
368 |
1,829 |
384 |
|
5.25-5.49 |
153 |
337 |
165 |
|
5.50-5.74 |
120 |
331 |
133 |
|
5.75-5.99 |
161 |
341 |
217 |
|
6.00+ |
270 |
1,384 |
446 |
|
Total |
10,531 |
44,793 |
13,501 |