Information on retirement interest-only mortgages - June 2026


Reference Case Number: FOI2026/01011

Freedom of Information: Right to know request:

Please provide me with the total number of Retirement Interest-Only Mortgages that have been taken out each calendar year for the past five years. 

Please break this information down into location, age and gender.

FCA response:

We can confirm that we hold some of the requested information.

The number of retirement interest-only Mortgages broken down by location and by borrowers’ age can be seen in the tables below.

We do not collect data on the sex or gender identity of borrowers.

Sales of retirement interest-only mortgages in 2021-25 by age of main borrower:

Main Borrower Age Band 2021 2022 2023 2024 2025 
55 or under 14 11 17 11 
56 - 60 121 165 80 87 67 
61 - 65 429 463 255 319 358 
66 - 70 877 929 589 724 821 
71 - 75 823 863 560 705 811 
76+ 484 725 628 891 942 
Grand Total 2743 3159 2123 2743 3010 

Sales of retirement interest-only mortgages in 2021-25 by region:

Account Open Date      
Region20212022202320242025
Central & Greater London 129 170 93 134 129 
East Midlands 201 220 130 177 199 
Eastern 216 242 151 185 227 
North East 118 131 106 126 154 
North West 297 349 248 365 359 
Northern Ireland 41 61 45 64 44 
Scotland 502 640 510 567 553 
South East 266 256 145 202 264 
South West 426 509 302 382 452 
Wales 135 140 95 137 155 
West Midlands 185 207 135 185 219 
Yorkshire and The Humber 220 232 161 218 248 
Unknown Region 
Grand Total 2,743 3,159 2,123 2,743 3,010 

Source for all data: FCA Product Sales Data (PSD001)

Base: all regulated sales of retirement interest-only mortgages from January 2021 to December 2025.

Please note, the data provided include internal product transfers from Quarter 2 2021 onwards.