Reference Case Number: FOI11091
Freedom of Information: Right to know request:
Please provide 2023 retirement interest only mortgage sales data. The full text of your request is reproduced in Annex A.
FCA response:
We can confirm that we hold the requested information, which is set out below.
Sales of retirement interest-only mortgages in the period January to December 2023
| Length of Incentivised Rate in Years | Loan Value (£) | Number Of Sales |
|---|---|---|
| 0-1 | 785,297 | 11 |
| 2 | 38,551,617 | 394 |
| 3 | 12,476,157 | 175 |
| 4 | 4,296,816 | 43 |
| 5 | 104,263,972 | 1,197 |
| 6-10 | 14,256,780 | 127 |
| >10 | 17,646,466 | 157 |
| Unstated | 2,188,153 | 19 |
| Grand Total | 194,465,258 | 2,123 |