equity relese

Equity release in UK reached new records in 2016

Equity release lending in the UK broke the £2 billion barrier for the first time in 2016, marking a landmark year for the sector, new figures show. Overall lending reached £2.15 billion for the year, an increase of 34% on 2015 with an additional £542 million of lending activity amounting to double the rate of […] The post Equity release in UK reached new records in 2016 appeared first on PropertyWire . Continue reading

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Equity release reaches another record in UK as home owners cash in

The total value of equity release lending in the UK reached a new record in the third quarter of 2016 of £571.6 million, up 26% year on year. The latest figures from the Equity Release Council suggest that more and more home owners now see releasing funds from their property as an important part of […] The post Equity release reaches another record in UK as home owners cash in appeared first on PropertyWire . Continue reading

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Demand for home equity release in UK reaches highest level for a decade

Consumer demand for releasing housing wealth and innovation has helped drive equity release in the UK to its highest level for over a decade, the latest figures show. The sector recorded annual growth of £198 million in equity release lending between the first halves of 2015 and 2016, according to the autumn 2016 Equity Release […] The post Demand for home equity release in UK reaches highest level for a decade appeared first on PropertyWire . Continue reading

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