Our Guides

What is the average amount taken out through equity release?

On average, homeowners in the UK released an average of £80,000 through an equity release product. For the past three years, the average equity release amount has increased year-on-year, from around £60,000 upwards...

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How many equity release mortgages were taken out last year?

Over 37,000 equity release schemes were taken out in 2019 as a way for homeowners to earn income from their existing properties. The average household released £62,500 from their home, but figures show that this amount later raise to £80,000 per household...

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What are the alternatives to equity release?

Equity release can provide a very effective way to release money from your home. With the UK’s ageing population and increased living costs, the opportunity to release money that is locked up in your home and receive a lump sum, upfront, and continue to stay in your home – can be a very good proposition...

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Equity release industry worth £6 billion in 2019

Recent figures from Key show that the equity release industry is expected to reach a total value of £6 billion in 2019. This is an increase for the 6th consecutive year, up from £3.6 billion in 2018 and £3.01 billion in 2017...

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