The Zhitong Finance App learned that, according to data from the Central Plains Mortgage Research Department and the IPO Land Registry, 52 mortgage registrations for the elderly were recorded in June 2026, increasing by 11 month-on-month. The number rose for three consecutive months, increasing 27% month-on-month, to a new high of 29 months after January 2024 (54 cases); 191 registrations were recorded in the first half of 2026, 1 more than the same period in 2025 (190 cases), an increase of 0.5% year-on-year.
In terms of market share for the Elderly Mortgage Loan Program, BOCHK's participation has always been the highest since the launch of the Elderly Mortgage Program. Out of 52 registrations in June 2026, all of them were manufactured by BOCHK. According to records for the first half of 2026, the Bank of China Hong Kong ranked first, with 188 registrations, with a market share of over 98%; the second ranking was Shanghai Commercial Bank, which recorded 3 registrations, with a market share of 1.6%.
According to data from Hong Kong mortgage insurance companies, a total of 105 mortgage applications for the elderly were received in June 2026, up 13% month-on-month high. After the introduction of mortgage optimization measures for the elderly in March, the number of monthly applications rebounded from a low of 42 in February to a relatively active level of nearly 100 in the past three months, reflecting an increase in the number of landlords interested in applying for an elderly mortgage in recent months. Wang Meifeng, managing director of Zhongyuan Mortgage, analyzed that there has been an increase in mortgage applications in recent months, mainly because property prices have returned to the upward trend and property prices and valuations have gradually rebounded, which is beneficial for landlords to calculate annuities at higher valuations; in addition, benefiting from the introduction of Annuity Optimization Measures in March, interest costs have decreased due to an increase in monthly annuity payments.
According to the data, 485 mortgage applications for the elderly were received in the first half of 2026. Compared with 487 applications in the same period in 2025, the difference was only two, down 0.4% year-on-year, reflecting the recovery of lost ground in property prices and optimization measures.
Since the launch of the Hong Kong Mortgage Loan Program in July 2011, as of June 30, 2026, the scheme has received a total of 9,422 applications, with single applications accounting for the highest proportion of 65.6%, with double and triple applications accounting for 34.3% and 0.1% respectively. The average age of an Elderly Mortgage Applicant is around 69 years old, and the average property value for 10 consecutive months was HK$5.5 million (range of HK$230,000 to HK$83 million). The average monthly annuity amount is HK$15,500 (range from HK$0 to HK$198,000). The average age of the properties involved was 32 years (range 1 to 77 years). In terms of annuity term selection, the option to receive a lifetime annuity is the most popular option, accounting for 54.5%; followed by 10-year fixed term applications with the highest annuity amount, accounting for 20.4%, as it provides maximum protection and no need to worry about repayment issues.