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  • Trending now
  • An eye on equity release
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  • Equity release

'Perfect storm' sparks record equity release sales

'Perfect storm' sparks record equity release sales
  • Professional Adviser
  • 28 July 2015
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The appeal of using property wealth as an extra source of retirement income continues to grow, according to figures indicating record amounts of equity release lending.

Lending in the second quarter of 2015 - at £384.3m - was the largest of any quarter since 2002, the Equity Release Council (ERC) reported. It said the period attracted more than 5,400 new equity release...

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More on Equity release

The regulator confirmed its supervision team was investigating into equity release and mortgage lending to older borrowers as they could have been given incorrect advice.
FCA monitoring equity release market

And mortgage lending

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Adrian Boulding: Will investment pathways lead more people to advice?

From 6 April 2020

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 Greg Neilson: "We have seen moderate recovery in annuity sales across the market, particularly over the past year."
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Source of certainty

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To communicate equity release's wider opportunities and benefits, writes Chris Flowers, providers and advisers need to think about how best to engage not only its usual target audience but also their families

  • Equity release
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Alice Watson: "In the absence of support from the government, homeowners are drawing on their property wealth to help pay for long-term care."
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PA360 revisited

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