Opening Hours

Open at 9:00am on Monday

Opening Hours

  • Monday - Thursday

    9:00am - 8:00pm

  • Friday

    9:00am - 5:30pm

  • Saturday

    9:00am - 5:00pm

  • Sunday

    Closed All Day

Our Address

Key, Baines House,

4 Midgery Court, Fulwood,

Preston, PR2 9ZH

UK FREEPHONE

0808 252 9170

Swipe

Age Of total (%)
55 to 59 2.5%
60 to 64 10.7%
65 to 69 22.2%
70 to 74 32.0%
75 to 79 17.5%
80 to 84 10.5%
85 to 89 3.5%
90+ 0.7%
Unknown 0.4%

Swipe

Age Of total (%)
55 to 59 3.4%
60 to 64 13.4%
65 to 69 21.8%
70 to 74 30.9%
75 to 79 17.8%
80 to 84 9.1%
85 to 90 3.1%
>=91 0.4%
Unknown 0.1%


Key facts

The age data for our most recent full year (2016) shows that a majority proportion (69.7%) take out an equity release plan between the ages of 65 and 75. Only 0.7% of those who took out a plan were over the age of 90.
 
The gender and marital status highlights that equity is mostly released by couples at 64.6%. One interesting statistic from our data is that single females are more than twice as likely to take out an equity release plan as a single male.
 

Gender spending habits

When it comes to actually spending the cash released from their property, men were found to spend almost 50% more on gifts for their families and friends.
 
As documented in our December press release Bank of Grandad because Gran is less generous males were found on average to gift nearly £48,000 compared to £32,400 gifted by females.
 
Men also outspent women in almost every category with the exception of putting the cash towards buying a new home or property. 
 

Swipe

Gender/Status Of total (%)
Single Female 24.3%
Single Male 11.1%
Couple 64.6%

Swipe

Gender/Status Of total (%)
Single Female 22.1%
Single Male 10.9%
Couple 67.0%