Equity release market improves in H2 but still behind 2019

40,000 new plans bought

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Over the whole of 2020, 40,337 new equity release plans were purchased.
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Over the whole of 2020, 40,337 new equity release plans were purchased.

The UK’s equity release market recovered somewhat in the second half of 2020, but the number of new plans taken out still lags the previous two years.

According to the Equity Release Council's Spring Market Update, there was a 19% increase in new plans taken out in the second half of 2020 (from 18,420 to 21,917). However, in total new plans still...

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