Equity release hits new high of £1.6bn in Q2

The total amount of property wealth accessed via equity release hit a new high of £1.6bn in the second quarter of this year.

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Equity release market sees record 25% growth

New equity release plan sales grew by 24.5% (year on year) in the six months to 30 June, according to data released today.

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FCA warns lifetime mortgage firms about ‘exploitation’ risk

The FCA has written a ‘Dear CEO’ letter to lifetime mortgage providers to warn them that it will intervene if firms fail to tackle "exploitation" risks to consumers.

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Equity release set to hit £4bn in 2022

Retirement spending funded by equity release is set to rise above £4bn in 2022, according to a new report.

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