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Equity release values rise but plan numbers decrease

The total value of equity released from property in the third quarter rose 18.8% to just over £1bn.

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Equity release sales fall 12.5% in 2020

There was a 12.5% drop in the sales of equity release plans in 2020, according to a new report.

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Over-55s taking smaller equity release sums

In the first quarter of this year the number of over-55s turning to equity release products increased year on year but they took less cash out on average than previously.

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Key Retirement’s new CEO wants 200+ advisers

Equity release and later life provider Key Retirement has promoted Will Hale to chief executive and announced plans to increase its total number of equity release advisers to more than 200 by next year.

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