Reference Case Number: FOI2026/01972
Freedom of Information: Right to know request:
Please provide me with the total number of mortgages for properties valued at £5 million and above that have been taken out each calendar year for the past five years.
Please also provide the locations and the value of each property.
FCA response:
The number of regulated mortgage sales where the market value of the property was £5 million or more during the relevant period can be found in the table below.
| Year | Number of sales |
|---|---|
| 2021 | 1,090 |
| 2022 | 1,274 |
| 2023 | 824 |
| 2024 | 899 |
| 2025 | 954 |
Source: FCA Product Sales Data (PSD001)
Base: all regulated mortgage sales secured on properties with a market value (based on the surveyor’s valuation, a valuation index, or other method used by the product provider to determine the market value) of £5m or above. The data includes internal product transfers from Q2 2021 onwards.
With regard to the second part of your request, we are unable to disclose the location and value of each property, as doing so could lead to the identification of specific individuals when combined with information available from other sources, such as Land Registry records. Accordingly, this information is exempt from disclosure under section 40 of the Freedom of Information Act 2000 (personal information). For more information on why we are applying this exemption, please see Annex A.
We have instead provided information aggregated by property value band and region, which we hope is helpful.
| Number of regulated mortgage sales | ||||||
|---|---|---|---|---|---|---|
| Account Open Date | Account Open Date | Account Open Date | Account Open Date | Account Open Date | ||
| Postcode Region | Property Value bands | 2021 | 2022 | 2023 | 2024 | 2025 |
| Central & Greater London | £5,000,000 - <£7,500,000 | 490 | 546 | 339 | 356 | 409 |
| Central & Greater London | £7,500,000 - <£10,000,000 | 156 | 200 | 106 | 128 | 124 |
| Central & Greater London | >=£10,000,000 | 178 | 224 | 169 | 198 | 206 |
| South East | £5,000,000 - <£7,500,000 | 57 | 83 | 47 | 56 | 53 |
| South East | £7,500,000 - <£10,000,000 | 14 | 9 | 11 | 15 | 10 |
| South East | >=£10,000,000 | 18 | 25 | 12 | 11 | 11 |
| South West | £5,000,000 - <£7,500,000 | 48 | 54 | 37 | 23 | 43 |
| South West | £7,500,000 - <£10,000,000 | 12 | 23 | 22 | 14 | 14 |
| South West | >=£10,000,000 | 14 | 22 | 14 | 12 | 19 |
| Rest of UK | £5,000,000 - <£7,500,000 | 55 | 50 | 38 | 47 | 46 |
| Rest of UK | £7,500,000 - <£10,000,000 | 12 | 16 | 4 | 13 | 9 |
| Rest of UK | >=£10,000,000 | 8 | 10 | 6 | 12 | 7 |
| Unknown Region | £5,000,000 - <£7,500,000 | 14 | 2 | 8 | 5 | 1 |
| Unknown Region | £7,500,000 - <£10,000,000 | 4 | 1 | 5 | 4 | 0 |
| Unknown Region | >=£10,000,000 | 10 | 9 | 6 | 5 | 2 |
| Account Open Date | Account Open Date | Account Open Date | Account Open Date | Account Open Date | ||
| Grand Total | Total | 1,090 | 1,274 | 824 | 899 | 954 |
Source: FCA Product Sales Data (PSD001)
Base: all regulated mortgage sales secured on properties with a market value (based on the surveyor’s valuation, a valuation index, or other method used by the product provider to determine the market value) of £5m or above. The data includes internal product transfers from Q2 2021 onwards.