Drawdown sales growth reflects cautious approach to accessing housing equity
15 November 2019
Volume of drawdown increases 12% year on year as market hits £887 million
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15 November 2019
Volume of drawdown increases 12% year on year as market hits £887 million
15 November 2019
When you take a hard look at today’s statistics, they appear to be a stark warning that for many the intergenerational wealth divide continues to grow and that we need to seriously consider how we can tackle this issue.
25 October 2019
Today’s figures highlight the resilience of the equity release market in tough economic conditions and how the fundamental issues of low pension savings, substantial property wealth and an aging population continue to drive customer demand and attract new sources of funding to the market helping support product innovation.
22 October 2019
Key – the UK’s largest equity release adviser – has announced a new distribution strategy, with a refreshed ‘whole of market’ (WoM) advice offering, branded ‘The Equity Release Experts’ and a new ‘Key Equity Release’ branded integrated service proposition.
12 October 2019
• Nearly half of over-55s would consider moving if they didn’t face stamp duty • More than three out of four advisers would back Stamp Duty cuts for older homeowners
20 September 2019
• Advisers see a surge in over-55 enquiries for options to help children and grandchildren onto the property ladder • Nearly half (47%) of first-time buyers are partially funded by grandparents or parents
11 September 2019
• Average unsecured debt is nearly £12,000 • Over-70s face credit card debts of more than £9,700 • Credit Card repayments eating up 40% of their state pension income
11 September 2019
• More than one in three have helped or plan to help grandchildren with university costs • Most are relying on savings but one in 10 plan to use property wealth
19 July 2019
Volume and value of equity released records relatively modest growth in H1 2019. Average loan drops nearly £2,000 to £76,064
28 June 2019
But homeowners in London seen theirs dip by more than £12,000 in a year Over-65s own property wealth worth £1.096 trillion, Key Pensioner Property Index shows