Increase in equity release

£940m increase in equity release by UK homeowners

Research from debt advisory specialists, Henry Dannell , reveals that equity release payments in the UK increased by almost £1 billion in 2021, as more and more people look for alternative ways of ensuring healthy and happy retirements.

Between 2020 - 2021, the amount of money released in the UK rose from £3.9 billion to £4.8 billion, an annual increase of £940 million, or 24.4%....