Stock of interest-only homeowner mortgages fell in 2025 – UK Finance (opens original article in a new tab)

The number of interest-only homeowner mortgages in the UK declined in 2025, with total stock down 81% since 2012, as stricter regulations and improved repayment strategies reduce their prevalence.

• The number of interest-only homeowner mortgages in the UK fell by 17.7% in 2025 compared to 2024.
• Total interest-only mortgage stock has decreased by 81% in number and 65% in value since 2012.
• The Financial Conduct Authority proposed changes to make interest-only and part interest-only lending more accessible under stricter affordability rules.