Homeowners release record £3 billion equity in 2017
It is clear that unlocking housing wealth has an increasingly i mportant role to play in helping older
people pay for later life. Analysis from the Equity Release Council earlier this year estimated that
total homeowner equity in England has reached an unprecedented £2.6 trillion, with £1.8 trillion
belonging to over-55 households. Customer data suggests that those using equity release have
homes worth around 25% more than was the case just three years ago
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