Quarterly insight into mortgage lending to borrowers over age 55, the trends in lending and demographics of borrowers accessing the market.

Latest Data - Q2 2026

Published on 26 August 2026

Key data highlights:

  • There were 37,300 new loans advanced to older borrowers in Q2, up 13.4 per cent year on year. The value of this lending was £6.2bn, which was up 20.5 per cent compared with the same quarter a year previously. However the year-on-year comparison is inflated due to the dip in lending in Q2 2025, following the rush to beat stamp duty changes from April 2025 onwards. 
  • There were 5,730 new lifetime mortgages advanced in Q2, down 1.7 per cent from the same quarter a year earlier and up 8 per cent compared to Q1. The value of this lending was £490mn. 
  • There were 323 retirement interest only mortgages advanced in Q2, up 5.9 per cent year on year. The value of this lending was £31mn, up 24 per cent from the same quarter a year previously.
  • Residential Later Life loans in Q2 represent 7.8 per cent of all residential loans. BTL Later Life loans in Q2 represent 20.6 per cent of all BTL loans.
Tags:
Data and research Later Life Lending Mortgages