Equity release boom continues as £10m accessed every day - Money Marketing

Equity release lending continues to grow at an exponential rate, with almost £10m of housing wealth being withdrawn a day, according to the latest quarterly figures from the Equity Release Council.

This figure has more than doubled in the space of two years. In 2016 the homeowners withdrew around £4.3m of housing wealth a day over the first quarter of the year.

Over the first three months of this year homeowners aged 55 and over, released £870m from the values of their...

Источник: www.moneymarketing.co.uk