Information on mortgage sales - July 2024


Reference Case Number: FOI11425

Freedom of Information: Right to know request:

Please provide aggregated, market-level data on mortgage sales, i.e., average amounts lent and average level of commission paid by lenders, or, alternatively, for the market-level volume of sales in bandings for amounts lent and commission paid.

The text of your request is reproduced in Annex A below.

FCA response:

The following table sets out aggregated UK market level data on lifetime mortgages sold in Q4 2023 - Q1 2024 (the most recent available 6-month period), the average value of loans sold and the average procuration fee (commission) paid.

Account Open DateAverage value of loanAverage procuration fee paid
Q4 2023£69,454.63£2,201.82
Q1 2024£69,689.06£2,216.75
Q4 2023-Q1 2024£69,567.65£2,209.02

Source: FCA Product Sales Data (PSD001)

Base: all lifetime mortgage sales

Supporting document

FOI11425 Annex A