Bank of England Publishes Quarterly High Loan-to-Income Mortgage Data
The PRA has begun quarterly publication of the share of new regulated mortgages at loan-to-income ratios of 4.5 or above, alongside a 15% limit.
The story in focus
The Prudential Regulation Authority started publishing a quarterly aggregate figure for the share of new regulated mortgage contracts at loan-to-income ratios of at least 4.5 times income, under policy effective 28 October 2026. The latest data show the high LTI share rising from 9.7% in 2025 Q3 to 14.1% in 2026 Q2.
- The aggregate high LTI figure will be published each quarter to inform firms' planning, per supervisory statement SS2/26.
- Regulators have set no current expectations for firms to reduce high LTI flows toward the 15% limit.
- High LTI mortgages numbered 29,240 of 208,090 in-scope mortgages in 2026 Q2, or 14.1%.
What the PRA is publishing
The Prudential Regulation Authority began publishing a quarterly aggregate figure on 14 October 2026 covering the share of new regulated mortgage contracts made at loan-to-income ratios of 4.5 times income or more. The data, set out in supervisory statement SS2/26, is intended to inform firms' planning on high LTI lending.
The PRA said the aggregate flow may occasionally sit above the 15% limit recommended by the Financial Policy Committee, and that in such cases the PRA and the Financial Conduct Authority may expect firms to reduce flows gradually toward that level. The regulators said they have no current expectations for firms to cut high LTI lending.
Latest figures
The published figures cover the last four quarters. Mortgages at high LTI as a share of in-scope mortgages rose from 9.7% in 2025 Q3 to 14.1% in 2026 Q2, when high LTI volumes reached 29,240 out of 208,090 in-scope mortgages.
In-scope mortgages represented 28% of all regulated mortgages in 2026 Q2. The figures are based on data submitted at publication and apply from 28 October, when the policy takes effect. The PRA plans to publish 2026 Q3 data in 2026 Q4, and the figures may be revised.
When does the new high LTI policy take effect?
The policy takes effect on 28 October 2026. The published figures are based on data submitted at the time of publication and apply from that date.
Sources & further reading
- High loan to income (LTI) lending ↗bankofengland.co.uk
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