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Equity Release News Stories

£1bn equity release milestone reached

19th October 2018 For the first time, more than £1bn has been unlocked through equity release in a single quarter. This is according to the latest statistics from the Equity Release Council, which found that a total of £1.02bn was released in the Q3 of 2018. Read More...

Equity release product choice doubles in two years

28th September 2018 Retired homeowners have benefited enormously from house price rises in recent years, and many are looking to make the most of this wealth. Happily, they now have more options, as the number of equity release products has more than doubled. Read More...

Retired homeowners up £45.7bn in housing wealth

06th September 2018 Despite the recent slowdown in house price growth, homeowners who are 65 years or older and have paid off their entire mortgage have still been able to benefit from a £45.7 billion increase in housing wealth between May 2017 and May 2018. Read More...

Equity release advice proves unpopular

21st August 2018 Our latest survey has found that less than a quarter of over-55-year-olds would seek out an adviser to discuss equity release, with 81% saying ‘no’ to advice for various reasons. This includes 44% who believe they can handle it on their own. Read More...

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...


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