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Equity Release Council chair ‘cautiously optimistic about future’

Cautious optimism was in the air at the Equity Release Council’s (ERC's) summit followin...

  • May 23, 2024
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Equity release lending falls to £504m due to fewer customers and drawdown use

Equity release lending contracted by 6% quarter-on-quarter to £504m during the first thre...

  • Apr 29, 2024
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Equity Release Council reappoints Burrowes as chair

The Equity Release Council (ERC) has reappointed David Burrowes (pictured) as chair for a ...

  • Dec 18, 2023
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Equity release market on ‘gradual road to recovery’ with first uptick in 12 months

Rising customer numbers and total lending figures signalled a reprieve for the equity rele...

  • Oct 30, 2023
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Equity release hits seven-year quarterly low as lending falls to £664m in Q2 – ERC

Total lending across the equity release sector reached £664m in Q2, making it the quietes...

  • Jul 31, 2023
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Higher rates cause ‘quietest’ equity release market since first Covid lockdown – ERC

The equity release sector saw a drop in activity during the first quarter of 2023, as the ...

  • Apr 28, 2023
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Equity release voluntary repayments up nearly 50 per cent ‒ Equity Release Council

Last year saw a significant increase in equity release borrowers making voluntary repaymen...

  • Apr 25, 2023
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Equity release sector needs consumer awareness and regulatory review – report

An independent report has proposed that the later life lending market gains more awareness...

  • Mar 09, 2023
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Equity release sector saw record lending of £6.2bn in 2022

Equity release lending totalled £6.2bn in 2022, a best-ever lending tally for the sector,...

  • Jan 31, 2023
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Number of equity release customers reaches record in Q3 – ERC

The equity release sector processed 13,452 new plans in Q3 marking a record number of new ...

  • Oct 26, 2022
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