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

Latest Data - Q3 2025

Published on 27 November 2025

Key data highlights:

  • There were 39,950 new loans advanced to older borrowers in Q3, up 18.4 per cent year on year. The value of this lending was £6.5bn, which was up 24.7 per cent compared with the same quarter a year previously.
  • There were 6,040 new lifetime mortgages advanced in Q3, up 3.4 per cent year on year. The value of this lending was £530mn, which was up 3.9 per cent compared with the same quarter a year previously.
  • There were 335 retirement interest only mortgages advanced in Q3, up 11.7 per cent year on year. The value of this lending was £30mn, which was up 11.1 per cent per cent compared with the same quarter a year previously.
  • Residential Later Life loans in Q3 represent 7.84 per cent of all residential loans. BTL Later Life loans in Q3 represent 21.74 per cent of all BTL loans.
Tags:
Data and research Later Life Lending Mortgages