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Equity Release News Stories

Equity release misunderstandings proliferate

26th July 2018 More than half of homeowners over the age of 55 seem to misunderstand equity release, with 52% not realising that you can still move home with an equity release product and 55% not knowing they can get the cash lump sum tax-free. Read More...

Equity release wealth reaches £1.71 billion

12th July 2018 New figures reveal that retired homeowners released an average of £9.5m per day of their equity in the first half of 2018, resulting in a total for the six months of £1.71bn. This is an increase of 37% on the previous year. Read More...

Last-time buyers struggling

25th June 2018 Around 1.45 million homeowners aged 65 or over are considering downsizing over the next five years, either to find a more suitable home to spend their post-work days in or to cut costs. However, many are having difficulties finding a new home. Read More...

Over-65s expected to owe £86bn this year

23rd May 2018 Brits aged over 65 are expected to amass a record total of £86 billion in debt by the end of this year, new research has revealed. This marks an increase of £8 billion from last year’s £78 billion total. Read More...

Gifts drive record equity release growth

09th May 2018 One in four pensioners are now using equity release to help family, new research has revealed. This generous equity release gifting is not only helping younger generations, but also driving record growth in the equity release market at the moment. Read More...

Empty nest parents stick to home

27th April 2018 45% of parents whose children have ‘flown the nest’ are planning to stay in their current home, with many doing so due to the strong community ties they’ve built up over the years. This is despite the fact that downsizing could benefit them. Read More...

Equity release lending at £870 million

18th April 2018 The first three months of 2018 saw equity release lending more than double over the past two years, from £394 million in the first quarter of 2016 to £870 million this quarter. As a result, nearly £10 million in housing wealth was withdrawn per day. Read More...

Equity release misconceptions are common barrier

12th April 2018 Equity release is a strange concept. You ‘mortgage’ or ‘sell’ your house, and then you just seem to get money without having to do anything else. Because it’s so strange, people may be reluctant to try it, but this may be based on misconceptions. Read More...

Average £280,000 in equity among those aged 55+

03rd April 2018 The average homeowner aged 55 or over has accumulated £289,000 in property value with an average of only £8,306 left to pay on their mortgage. This means that these people potentially have more than £280,000 in housing value to take advantage of. Read More...

Equity release popularity continues to grow

22nd March 2018 2017 saw equity release grow considerably once again, attracting twice as many new customers compared to five years earlier. The second half of 2017 alone saw 35,540 customers, with more new plans agreed in those six months than in the whole of 2012. Read More...


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