Reference Case Number: FOI9827
Freedom of Information: Right to know request:
Please provide me with a table showing how many lifetime mortgages were sold in September, October and November 2022, broken down by month and the Initial Gross Rate of interest that applied to each sale.
FCA response:
We can confirm that we hold some of the requested information. The following table sets out the number of lifetime mortgages sold in September 2022:
| Initial Gross Rate Of Interest (%) | Sep-22 |
|---|---|
| 0-2.99 | 34 |
| 3.00-3.24 | 17 |
| 3.25-3.49 | 26 |
| 3.50-3.74 | 69 |
| 3.75-3.99 | 348 |
| 4.00-4.24 | 335 |
| 4.25-4.49 | 806 |
| 4.50-4.74 | 939 |
| 4.75-4.99 | 632 |
| 5.00-5.24 | 338 |
| 5.25-5.49 | 222 |
| 5.50-5.74 | 152 |
| 5.75-5.99 | 231 |
| 6.00-6.24 | 146 |
| 6.25-6.49 | 366 |
| 6.50-6.74 | 117 |
| 6.75-6.99 | 104 |
| 7.00+ | 145 |
| Total | 5,027 |
Source: FCA Product Sales Data (PSD001)
We do not hold the sales figures for October 2022 and November 2022. This is because these figures will become available when PSD001 sales data for Q4 2022 is released in February 2023.