Another record quarter for equity release activity in Q4 has pushed last year's annual lending growth in the sector to its highest level since records began, according to figures from the Equity Release Council.
The total amount of housing wealth unlocked by over-55 homeowners reached £3.06bn in 2017 - the first time it has exceeded £3bn in a single year. The year-end figures represented a growth of 42% compared...
Once-in-a-lifetime out, necessities in
£3.4bn released last year
And mortgage lending
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
Third highest monthly figure since 1993
'Cannot normalise this level of loss'
There is no shortage of IFA firms looking to sell up, writes Daniel Baade. However, the big question is how to finance the acquisition of IFA or wealth management firms...
Supported over Christmas
Plus online scams