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£3.4bn unlocked through equity release in 2019


By Michael Griffiths

Retired homeowners released more than £3.4bn of property wealth in 2019, according to new data published by the over-55s specialist adviser, Key.

Key’s Equity Release Market Monitor revealed the total value of equity released dropped by 4% from £3.6bn, with the number of new plans being taken out last year slipping by 3%, from 47,081 to 45,598


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Air Group adds Aviva to Air Sourcing system

Answers in Retirement Group (Air Group), has announced the addition of Aviva’s lifetime mortgage rates into its Air Sourcing system

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‘Once-in-a-generation boom’ for equity release

Over £30bn has been flexibly withdrawn from retirement pots since the pension freedoms launched in April 2015, and in the same time homeowners have used property wealth to deliver £13bn in extra income via equity release, according to new analysis from AJ Bell

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£3.4bn unlocked through equity release in 2019

Retired homeowners released more than £3.4bn of property wealth in 2019, according to new data published by the over-55s specialist adviser, Key. Key’s Equity Release Market Monitor revealed the total value of equity released dropped by 4% from £3.6bn, with the number of new plans being taken out last year slipping by 3%, from 47,081 to 45,598

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There were 1.6 billion transactions on debit cards in October 2019, a rise of 9.3% from the same month a year earlier, according to the latest data released by UK Finance

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‘Once-in-a-generation boom’ for equity release

Over £30bn has been flexibly withdrawn from retirement pots since the pension freedoms launched in April 2015, and in the same time homeowners have used property wealth to deliver £13bn in extra income via equity release, according to new analysis from AJ Bell

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Air Group adds Aviva to Air Sourcing system

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