Reference Case Number: FOI9310
Freedom of Information: Right to know request:
How many equity release mortgages were sold in 2020, 2021 and as much data for 2022 as possible.
Please can you break the data down by month and can you also break it down by the amount of equity released in 10% increments up to 60%’
FCA response:
The information which you have requested is in the table below.
Number of lifetime mortgage sales by LTV band |
||||||||||
---|---|---|---|---|---|---|---|---|---|---|
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 |
2020 |
Jan |
691 |
1,238 |
1,120 |
807 |
263 |
40 |
4,159 |
||
Feb |
583 |
1,017 |
1,019 |
723 |
266 |
49 |
1 |
3,658 |
||
Mar |
665 |
1,088 |
1,016 |
707 |
247 |
34 |
3,757 |
|||
Apr |
410 |
711 |
704 |
520 |
195 |
28 |
2,568 |
|||
May |
324 |
653 |
625 |
452 |
143 |
30 |
2,227 |
|||
Jun |
420 |
798 |
759 |
485 |
156 |
23 |
1 |
2,642 |
||
Jul |
523 |
970 |
922 |
575 |
181 |
25 |
3,196 |
|||
Aug |
525 |
915 |
975 |
672 |
180 |
26 |
3,293 |
|||
Sep |
570 |
1,204 |
1,218 |
772 |
238 |
37 |
1 |
4,040 |
||
Oct |
579 |
1,207 |
1,223 |
853 |
260 |
36 |
1 |
4,159 |
||
Nov |
599 |
1,129 |
1,122 |
825 |
268 |
41 |
3,984 |
|||
Dec |
542 |
979 |
1,031 |
726 |
273 |
52 |
|
|
3,603 |
|
2021 |
Jan |
468 |
926 |
1,037 |
729 |
226 |
46 |
3,432 |
||
Feb |
472 |
815 |
920 |
671 |
246 |
45 |
3,169 |
|||
Mar |
566 |
1,006 |
1,110 |
874 |
319 |
55 |
3,930 |
|||
Apr |
570 |
848 |
923 |
719 |
260 |
48 |
3,368 |
|||
May |
573 |
907 |
917 |
705 |
269 |
46 |
3 |
3,420 |
||
Jun |
692 |
944 |
991 |
838 |
331 |
68 |
1 |
2 |
3,867 |
|
Jul |
686 |
997 |
909 |
749 |
336 |
54 |
2 |
3,733 |
||
Aug |
708 |
865 |
812 |
758 |
331 |
63 |
1 |
2 |
3,540 |
|
Sep |
703 |
917 |
968 |
839 |
397 |
91 |
3,915 |
|||
Oct |
716 |
967 |
956 |
851 |
404 |
70 |
1 |
3,965 |
||
Nov |
796 |
1,203 |
1,131 |
1,038 |
401 |
77 |
4,646 |
|||
Dec |
692 |
1,001 |
869 |
807 |
369 |
68 |
1 |
1 |
3,808 |
|
2022 |
Jan |
812 |
1,068 |
986 |
841 |
406 |
72 |
1 |
1 |
4,187 |
Feb |
767 |
1,033 |
994 |
934 |
435 |
95 |
1 |
3 |
4,262 |
|
Mar |
911 |
1,260 |
1,182 |
1,012 |
577 |
110 |
|
|
5,052 |
|
Source: PSD001
|
||||||||||
Notes: From April 2021 onwards, sales data includes internal product transfers and further advances
|