27 October 2016
The latest Equity Release Market Monitor from Key Retirement, shows that even the post-Brexit era hasn't stalled the huge growth in the equity release market.
- The number of homeowners using property wealth to enhance retirement living increased by 33% in Q3 2016 (compared to Q3 2015)
- In the same time period, the total amount released grew by 35%
- 61% used some or all of the funds to clear outstanding mortgages
or pay unsecured debts
To find out more about current market trends both regionally and demographically, click here.