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Equity Release News Stories

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 As a result, nearly £10 million in housing wealth was withdrawn per day.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...

Equity Release Star Ratings 2018 announced

12th February 2018 The experts at Moneyfacts have once again scoured the equity release market to bring you those equity release providers and products that are deemed worthy of a Star Rating of four or five in 2018. Read More...

£10bn increase in equity release value

31st January 2018 Good news for homeowners looking to use some of the equity in their home, as the value of equity release grew by £10bn in the last three months of 2017, to a total of £375bn. This means there is a lot of potential wealth available to those over 55. Read More...

Record £3bn of equity released in 2017

16th January 2018 It’s been another record year for the equity release market, as 2017 saw £3 billion of property wealth being released. This translates to an average of £77,380 per person, which retired homeowners used to improve their standard of living. Read More...

Equity release heads to the high street

16th March 2018 Until recently, equity release had been confined to the ‘specialist’ bracket, with high street lenders giving the sector a wide berth. However, its popularity has been soaring, and the big names want to get in on the action! Read More...

Would you use equity release cash for a holiday?

15th November 2017 A growing number of retirees are turning to equity release to bulk up their bank balance, but what do they do with all that extra cash? Well, while some repay debt or boost their income, others use at least some of it for a well-deserved break. Read More...

35% use equity release to clear debt

06th November 2017 While many may consider equity release as a loan that can give you something extra – an extra special holiday, extra money for retirement or home improvement – new data reveals that people are increasingly using it to pay off their debts instead. Read More...


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