28 October 2019
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Almost £11m of property wealth was unlocked by 55+ UK homeowners in the last quarter.
The equity release market has experienced its busiest quarter so far this year and its third busiest on record as older homeowners continued to access property wealth, Equity Release Council (ERC) figures have revealed.
The value of equity release funding to over-55s saw an 8% lift from £911m in the second quarter to £988m in the three months to September. In Q3, homeowners aged 55 and over unlocked £11m of property wealth...
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