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

Latest Data - Q1 2026

Published on 28 May 2026

Key data highlights:

  • There were 36,050 new loans advanced to older borrowers in Q1, down 4.8 per cent year on year. The value of this lending was £6.0bn, which was up 0.3 per cent compared with the same quarter a year previously.
  • There were 5,300 new lifetime mortgages advanced in Q1, down 8 per cent from the same quarter a year earlier and down 7.2 per cent compared to Q4. The value of this lending was £490mn. 
  • There were 353 retirement interest only mortgages advanced in Q1, up 5.4 per cent year on year. The value of this lending was £33mn, unchanged from the same quarter a year previously. Notes to Editor For more information on this update please contact ukfstatistics@ukfinance.org.uk 
  • Residential Later Life loans in Q1 represent 8.2 per cent of all residential loans. BTL Later Life loans in Q1 represent 20.1 per cent of all BTL loans.
Tags:
Data and research Later Life Lending Mortgages