Equity releaseJan 13 2025

Green shoots of recovery in equity release market

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Green shoots of recovery in equity release market
© AS Photography/PexelsThe total number of mortgage completions by people aged over 56 dropped from 175,260 in 2005 to just over 84,000 last year
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Mortgage sales to customers aged over 56 have fallen to 84,576, just 48 per cent of the number of loans made to older customers 20 years, research from the Equity Release Council has revealed.

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