Press Releases

18 November 2020

• Equity release plan sales drop 9% in Q3, but value released holds steady at £884 million • Debt repayment and gifting account for three-quarters of wealth released

05 November 2020

• More than a third of those retiring this year are still financially supporting family • Payouts include providing regular cash and even funding holidays

06 October 2020

Product numbers have increased 374% since 2017, equating to 525 at the end of August 2020

28 September 2020

The UK’s largest equity release advisory firm, Key has strengthened its Estate Planning team with the hire of Andrew Parkinson as Head of Sales and Operations – a new role for the company.

17 September 2020

28 August 2020

Pensioners in London gained nearly £2,200 a month but almost all regions are better off Over-65s own property wealth worth £1.124 trillion, Key Pensioner Property Index shows

21 August 2020

• Two-fifths of the proceeds of equity release used to clear mortgages or other debt • Yorkshire, London and Wales most likely to use equity release for repayments

24 July 2020

• People receiving Council support with long-term care costs falls 10% YOY • Proportion of over-55s worried about care fees rises from a fifth to a third • Property in the spotlight as faith in savings and pensions income falls

14 July 2020

• Pandemic hits Q2 volumes as customers numbers fall by 27% • Customers focused on repaying debt rather than holidays or home improvements • Low interest rates enable one in eight customers to switch plans Key’s H1 2020 Equity Release Market Monitor shows Download the full report at: www.keyadvice.co.uk/about/market-monitor

22 May 2020

• More People Access their Housing Equity and an Increase on Amount Releases • Debt repayment and Gifting Most Common Uses According to New Value Analysis • Average residential mortgage repaid using equity release is over £51,000