Press Releases

02 November 2021

Standard Life, part of Phoenix Group, today announces it has entered into a strategic agreement with Key Group, who will launch a range of Lifetime Mortgage products branded Standard Life Home Finance.

20 October 2021

Over-65s now own homes worth £1.256 trillion, Key Pensioner Property Index shows Londoners are the only ones to miss out on price increases

12 August 2021

• Just one in three customers do not involve family or friends in the decision • More than two out of five would value ongoing support from advisers

16 July 2021

• Equity release plan sales rise 3% as total value increases 32% • Average customer benefited from £94,982 in the first half of 2021 • More than half of customers use their homes to clear big ticket items like mortgages and other debts

05 July 2021

• More than £32.6 billion of property wealth has been released in 20 years helping 557,000 customers • Two out of three say equity release boosted their quality of life • Key launches comprehensive study into equity release customer views

24 June 2021

- Older homeowners have gifted £323 million for house deposits since July 2020 - Zero per cent rate on homes up to £500,000 ends on June 30th

21 June 2021

- Men expect to retire on £23,600 each year vs just £19,000 for women - Almost a third of women expect a retirement income of under £12,500 - Women (15%) more likely than men (10%) to look to housing equity for income in retirement

26 May 2021

- One in five (22%) will still be retiring on less than £12,500 - Londoners (£24,857) expect the highest and Wales (£17,813) the lowest

25 May 2021

• Average equity release customer took out £103,710 in the first three months of 2021 • Plan sales drop 9.5% but total value released increases 12.8% • Nearly three-quarters of the property wealth released is used for gifting and clearing debt Download the full report at: www.keyadvice.co.uk/about/market-monitor

19 April 2021

Over-65s own property wealth worth £1.232 trillion