Data on mortgage terms approved since June 2021

Reference Case Number: FOI8821

Freedom of Information: Right to know request:

The number of mortgage terms of 35 years or more approved since June 2021?
A breakdown of the number of mortgages approved this year (since June 2021) by the mortgage term length i.e. % that are 10 years, % that are 25 years etc?
A breakdown of the number of mortgages approved per LTV band this year (since June 2021)? Breakdown by the % of LTV i.e. 90% mortgage, 50% mortgage etc.

FCA response:

1. The number of mortgage terms of 35 years or more approved since June 2021?

We can disclose that there were 65,330 sales of mortgages with terms of 35 years or more during Q3 2021 (July-September 2021), the most recent period for which data is available.

2. A breakdown of the number of mortgages approved this year (since June 2021) by the mortgage term length i.e. % that are 10 years, % that are 25 years etc?

Breakdown of mortgage sales during July-September 2021 by mortgage term length

Mortgage Term	Number of sales in Q3 2021
0 - 1 years	811
>1 - 5 years	16,275
>5 - 10 years	57,003
>10 - 15 years	78,003
>15 - 20 years	99,229
>20 - 25 years	126,102
>25 - 30 years	110,831
>30 - 35 years	101,695
>35 - 40 years	18,822
>40 years	414
Unspecified	12,155
Total sales	621,340

3. A breakdown of the number of mortgages approved per LTV band this year (since June 2021)? Breakdown by the % of LTV i.e. 90% mortgage, 50% mortgage etc.

Breakdown of mortgage sales during July-September 2021 by LTV band

LTV Band	Number of sales in Q3 2021
0% - <=30%	72,847
>30% - <=50%	44,560
>50% - <=75%	92,199
>75% - <=85%	68,541
>85% - <=90%	41,748
>90% - <=95%	21,258
>95% - <=100%	1,015
>100%	91
Unspecified	279,081
Total sales	621,340

Please note that we do not collect LTV data for internal product transfers (which are included in the above the sales figures).

Date of Release: 21/12/2021

Data on mortgage terms approved since June 2021 - December 2021

Freedom of Information: Right to know request:

FCA response:

1. The number of mortgage terms of 35 years or more approved since June 2021?

2. A breakdown of the number of mortgages approved this year (since June 2021) by the mortgage term length i.e. % that are 10 years, % that are 25 years etc?

3. A breakdown of the number of mortgages approved per LTV band this year (since June 2021)? Breakdown by the % of LTV i.e. 90% mortgage, 50% mortgage etc.

More information

Data