Equity Release Market Report Spring 2018

16 March 2018

The Spring 2018 Equity Release Market Report has been published and shows that the market has attracted twice as many customers as five years ago. With lending activity by Equity Release Council members surpassing £3bn for the first time, and borrower numbers reaching 67,000 in 2017, it is clear that property wealth remains an attractive source of retirement finance.

The range of products available are more varied, and have diversified, with lifetime mortgages and draw down products being the most popular.

The Equity Release Council is the representative trade body for the equity release sector and the member firms and individuals include providers, surveyors and solicitors. We are pleased to be members of an organisation which sets authoritative standards and safeguards for the provision of quality advice and products.

The Equity Release Council also works with government, voluntary and public sectors along with regulatory, consumer and professional bodies to contribute to and influence debate about the use of housing wealth in later life and retirement planning generally. 

With members of our Residential Property team being specialists in equity release, and members of the Equity Release Council, we can offer expert legal advice on the wide variety of mortgages available.