Alice Watson: Home truths

PA360 revisited

clock • 4 min read

With equity release forecast to enjoy yet another year-on-year growth spurt in 2019, Alice Watson considers the role advisers have to play in turning that into a reality

Equity release in the UK is running strong. Last year saw the seventh consecutive year of growth for the sector with a record £3.94bn of property value taken out nationwide, according to Equity Release Council (ERC) figures - up nearly £1bn on 2017's total. As such, it is not surprising a survey by Censuswide at the end of last year found eight out of 10 advisers expecting the market to surpass 2018's figures this year and achieve new heights. What is perhaps surprising is how much they expect the market to grow. Two in five advisers (40%) expect it to break the £6bn barrier in 2019 - wh...

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