Equity release market breaks Q1 record
£1.14bn accessed
The total value of property wealth accessed has hit its highest level ever for a first quarter, figures from the Equity Release Council have revealed.
The first quarter of 2021, which the UK spent largely in lockdown, saw £1.14bn accessed by 16,527 homeowners over the age of 55. This latest figure represents a 7% rise year-on-year from £1.06bn in Q1...
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