UK equity release wealth rises 1.4% to £372bn in Q2

The figure represented a 1.4% increase from the £367.5bn recorded in the previous quarter and was driven by growth in property values nationally, the firm said. Retirement Advantage reported rises particularly in the East Midlands (+1%), Scotland (+0.7%) and the North of England (+0.7%). Head of marketing Alice Watson (pictured) said it was encouraging to see growth in the market amid recent concerns about economic uncertainty slowing the housing market. "It is nationwide too," she said. "Far from being confined to London and the South East, the biggest growth in the last quarter h...