Equity release lending on track to hit £4bn this year: ERC
A total of 19,300 new and returning customers used equity release between July and September, which is close to pre-pandemic levels.
Equity release house purchases more than double this year: More2life
116% jump in the number of people using equity release to buy a property this year.
Equity release numbers return to pre-pandemic levels: ERC
The number of borrowers releasing equity from their homes has neared pre-pandemic levels in the second quarter of this year.
Equity release market expands by a third to £1.94bn in 2021
Older homeowners releases £1.94 billion in equity during the first six months of the year.
Equity release product choice rises 21% in 2021
The number of equity release products on the market has hit a new high of 769.
Homeowners release £1bn of equity in Q1: Key
Home owners cashed in on rising house prices by releasing £1bn in equity during the first three months of this year.
Equity release options widen as property wealth reaches £6tn
The number of equity release products available on the market grew by 100 in the second half of 2020.
30% remortgaging to release equity: LMS
30% of remortgagers’ primary aim when remortgaging in February was to release equity from their property.
Equity Release Council creates risk, policy and compliance team
The Equity Release Council has announced the creation of a risk, policy and compliance team.