Reference Case Number: FOI2025/01106
Freedom of Information: Right to know request:
Please can you provide the following data:
1. The annual value and volume of Owner-Occupied, and BTL mortgages with the “Mortgage characteristics” of “MI” Mortgage Indemnity Insurance. Years 2021-2025 (year to date).
2. The annual value and volume of Regulated Bridging loans by region. If you cannot supply by region, then please supply by postcode, and I can map it to regions. Years 2021-2025 (year to date).
3. The Loan Amount and Market Value for every Regulated Bridge transaction in Q1 and Q2 2025. Ideally in Excel format.
4. The value and volume of Second Charge regulated bridge loans by quarter for 2022-2025 year to date. It should be identified by “Mortgage type Second Charge” – SC; and “Mortgage type Bridge” - BL.
FCA response:
We can confirm that we hold the requested information and the information we can provide is set out in the attached Annex B.
On Part 1, please note that our Product Sales Data only captures information on regulated mortgages – the vast majority of BTL mortgages are unregulated by the FCA and hence the data predominantly covers owner-occupier mortgages (see here for definition and explanation of regulated mortgage contracts.)
On Part 2 - Data is provided for sales of regulated mortgages classified as bridging loans. The data is broken down by the standard geographical regions.
On Part 3 - We hold the information you requested, but we are unable to disclose all of it to you as we consider that section 40 (personal data) of FOIA applies.
Disclosing data for individual bridging loan sales as requested may reveal personal information about the individuals concerned. This is because the property value will potentially allow for the identification of named borrowers by matching this data against publicly available Land Registry transaction data, which specifies the sale value and name of lender for every property transaction. Given that bridging loans can be easily recognised by the lender name, the relevant transactions and therefore names of buyers can be identified. We have instead provided aggregated data, which we hope is helpful.
For more information on why we are applying for this exemption please see Annex A.
On Part 4 - Data is provided for sales of regulated mortgages classified as both bridging loans and second-charge loans.