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Homeowners release £3 billion equity

Equity release lending broke through the £3 billion barrier in 2017, the first time this has ever happened in a single year.

Latest figures from the Equity Release Council, the trade body for the equity release sector, show that a total of £3.06 billion of equity was released by older homeowners last year, with over 37,000 new customers signing up.

Equity release schemes have become an increasing popular way for older homeowners to boost their retirement incomes, by unlocking some of their property wealth.


Call now to discuss the best Equity Release Scheme for you: 01704 233 210