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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Standard Life launches new equity release range

 

Standard Life Home Finance, the new joint venture between Standard Life, has revealed details of its first range of equity release products. 

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Phoenix acquires £300m equity release book from Just

Insurance firm Phoenix Group has acquired a portfolio of £300m equity release mortgages from Just Retirement Limited, part of the Just Group.

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Q2 equity release activity nears pre-pandemic levels

Over 20,000 consumers used equity release to access property wealth between April and June, close to pre-pandemic activity levels.

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