Reference Case Number: FOI9298
Freedom of Information: Right to know request:
Owner occupied and buy-to-let mortgage data (>£1m advance)
Would it be possible to provide the number and value of mortgages with advances greater than £1m.
I would like the data as a total for each of the last 6 years, 1 January to 31st December, split between regulated owner occupied and unregulated buy to let.
FCA response:
We can confirm that we hold some of the requested information, which can be found in the table below. As explained below, we do not hold information on unregulated buy-to-let mortgages.
When considering this information, please note the following:
- Sales figures exclude lifetime mortgages.
- Sales figures include second charge mortgages.
- From Quarter 2 2021 onwards, Product Sales Data (PSD) figures include internal product transfers and further advances (data for these products was not previously collected).
- As PSD does not include data for unregulated products, we are unable to provide equivalent sales figures for unregulated buy-to-let mortgages.
Sales for regulated owner-occupied mortgages for calendar years 2016–21, broken down by loan value (<=£1m / >£1m), are as follows:
|
|
Number of Sales |
||
|---|---|---|---|
|
Year of Account Open Date |
Loan value <=£1m |
Loan value >£1m |
Grand Total |
|
2016 |
1,057,177 |
4,933 |
1,062,110 |
|
2017 |
1,137,187 |
5,487 |
1,142,674 |
|
2018 |
1,195,778 |
5,578 |
1,201,356 |
|
2019 |
1,178,952 |
5,520 |
1,184,472 |
|
2020 |
987,472 |
6,081 |
993,553 |
|
2021 |
2,225,714 |
12,033 |
2,237,747 |