Equity release customers, lump sums and drawdowns fall: ERC  – Mortgage Strategy

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Lifetime mortgage repayments surged to more than £21bn a quarter since the end of last year, data from the Equity Release Council shows, as borrowers reacted to higher interest rates.  These regular and one-off capital repayments across this mortgage market jumped from £17bn before the pandemic, according to the

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David Burrowes , Simon Gray , Craig Brown , Stephen Lowe , Financial Solutions , Just Group , Equity Release Council , Autumn Market , Monetary Policy Committe , Release Council , General Home Finance ,

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