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

Latest Data - Q4 2025

Published on 27 February 2026

Key data highlights:

  • There were 41,100 new loans advanced to older borrowers in Q4, up 15.1 per cent year on year. The value of this lending was £6.8bn, which was up 20.5 per cent compared with the same quarter a year previously.
  • There were 5,700 new lifetime mortgages advanced in Q4, unchanged from the same quarter a year earlier and down 5.6 per cent compared to Q3. The value of this lending was £510mn.
  • There were 388 retirement interest only mortgages advanced in Q4, up 13.1 per cent year on year. The value of this lending was £36mn, which was up 2.9 per cent per cent compared with the same quarter a year previously.
  • Residential Later Life loans in Q4 represent 8.02 per cent of all residential loans. BTL Later Life loans in Q4 represent 21.4 per cent of all BTL loans.
Tags:
Data and research Later Life Lending Mortgages