
According to Stephen Lowe, group communications director at retirement specialist Just Group, demand for equity release has recovered strongly from the pandemic wobbles
The Equity Release Council has revealed its Q2 and full-year lending figures for 2022 showing that activity in the market climbed 26% year-on-year to a new high of more than £1.6bn.
The total value of lending was 37% higher, according to the body. The total amount of property wealth withdrawn by customers surpassed the previous high of £1.53bn from Q1, resulting in a total ...
To continue reading this article...
Join Professional Adviser
- Unlimited access to real-time news, industry insights and market intelligence.
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters.
- Make smart business decisions with the latest developments in regulation, investing retirement and protection.
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes.