{"id":2973,"date":"2024-02-23T14:18:22","date_gmt":"2024-02-23T13:18:22","guid":{"rendered":"https:\/\/pfadvisors.co.uk\/?p=2973"},"modified":"2025-04-07T13:44:39","modified_gmt":"2025-04-07T11:44:39","slug":"equity-release-market-regaining-momentum","status":"publish","type":"post","link":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/","title":{"rendered":"Equity release market regaining momentum?"},"content":{"rendered":"

Statistics [1] indicate that the equity release market is slowly recovering after a rocky few years. <\/em><\/p>\n

Despite lending activity being at the same low levels as H1 of 2017, there are signs of growth. In the third quarter of last year, new equity release customers rose by 10% and total lending increased by 8% to \u00a3716m. In that same period, there were 17,078 new and existing customers using equity release products.<\/p>\n

David Burrowes, Chair of the Equity Release Council (ERC), commented, \u201cWhile the clock has been wound back on lending activity and loan sizes, product innovation has increased the flexibility of lifetime mortgages.\u201d<\/p>\n

Benefits of lifetime mortgages <\/strong><\/p>\n

Lifetime mortgages are the most common form of equity release, allowing those over 55 to benefit from the value of their home without having to sell. Certain products now allow customers to take out extra loans and make voluntary repayments without fearing their home will be repossessed if they are no longer in a position to pay the money back.<\/p>\n

Supporting younger generations <\/strong><\/p>\n

Recently, an increasing number of people have been using the money they have unlocked to support their family members. A survey [2] found that 18% of parents and grandparents who helped younger generations onto the property ladder used their own property wealth to do so (via equity release, downsizing or re-mortgaging).<\/p>\n

Before releasing equity on your property, it is important to consider the pros and cons, it\u2019s not suitable for everyone.<\/p>\n

[1] ERC, 2023,<\/p>\n

[2] L&G, 2023<\/p>\n

\ud83d\udea8 Data accurate as of the date of publication \u2013 23.02.2024<\/p>\n

\ud83d\udea8Think carefully before securing debts against your home.\u00a0 Your home may be repossessed if you do not keep up repayments on your mortgage.<\/p>\n

\ud83d\udea8Some Buy to Lets are not regulated by the Financial Conduct Authority.<\/p>\n

\ud83d\udea8 The above material is for informational purposes only and does not constitute a sales offer or financial advice. Before taking out any insurance, credit agreement or other financial product, you should obtain individual advice on your requirements and the general terms of the contract.<\/p>\n

 <\/p>\n

Na podstawie: Quilter Financial Planning \u2013 Essentially Mortgages Q1 2024<\/p>\n","protected":false},"excerpt":{"rendered":"

Statistics [1] indicate that the equity release market is slowly recovering after a rocky few years. Despite lending activity being at the same low levels as H1 of 2017, there are signs of growth. In the third quarter of last year, new equity release customers rose by 10% and total lending increased by 8% to […]<\/p>\n","protected":false},"author":3,"featured_media":2922,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-2973","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-archive"],"acf":[],"yoast_head":"\nEquity release market regaining momentum? - Prestige Financial Advisers<\/title>\n<meta name=\"description\" content=\"Statistics indicate that the equity release market is slowly recovering after a rocky few years. Despite lending activity being at the same low levels as H1 of 2017, t\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Equity release market regaining momentum? - Prestige Financial Advisers\" \/>\n<meta property=\"og:description\" content=\"Statistics indicate that the equity release market is slowly recovering after a rocky few years. Despite lending activity being at the same low levels as H1 of 2017, t\" \/>\n<meta property=\"og:url\" content=\"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/\" \/>\n<meta property=\"og:site_name\" content=\"Prestige Financial Advisers\" \/>\n<meta property=\"article:published_time\" content=\"2024-02-23T13:18:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-07T11:44:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/02\/PFA-blog-35.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"940\" \/>\n\t<meta property=\"og:image:height\" content=\"788\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Prestige-FA\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Prestige-FA\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Equity release market regaining momentum? - Prestige Financial Advisers","description":"Statistics indicate that the equity release market is slowly recovering after a rocky few years. Despite lending activity being at the same low levels as H1 of 2017, t","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/","og_locale":"en_US","og_type":"article","og_title":"Equity release market regaining momentum? - Prestige Financial Advisers","og_description":"Statistics indicate that the equity release market is slowly recovering after a rocky few years. Despite lending activity being at the same low levels as H1 of 2017, t","og_url":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/","og_site_name":"Prestige Financial Advisers","article_published_time":"2024-02-23T13:18:22+00:00","article_modified_time":"2025-04-07T11:44:39+00:00","og_image":[{"width":940,"height":788,"url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/02\/PFA-blog-35.jpg","type":"image\/jpeg"}],"author":"Prestige-FA","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Prestige-FA","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#article","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/"},"author":{"name":"Prestige-FA","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"headline":"Equity release market regaining momentum?","datePublished":"2024-02-23T13:18:22+00:00","dateModified":"2025-04-07T11:44:39+00:00","mainEntityOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/"},"wordCount":339,"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/02\/PFA-blog-35.jpg","articleSection":["Archive - Articles from 12 months ago"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/","url":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/","name":"Equity release market regaining momentum? - Prestige Financial Advisers","isPartOf":{"@id":"https:\/\/pfadvisors.co.uk\/en\/#website"},"primaryImageOfPage":{"@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#primaryimage"},"image":{"@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#primaryimage"},"thumbnailUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/02\/PFA-blog-35.jpg","datePublished":"2024-02-23T13:18:22+00:00","dateModified":"2025-04-07T11:44:39+00:00","author":{"@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e"},"description":"Statistics indicate that the equity release market is slowly recovering after a rocky few years. Despite lending activity being at the same low levels as H1 of 2017, t","breadcrumb":{"@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#primaryimage","url":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/02\/PFA-blog-35.jpg","contentUrl":"https:\/\/pfadvisors.co.uk\/wp-content\/uploads\/2024\/02\/PFA-blog-35.jpg","width":940,"height":788,"caption":"equity release"},{"@type":"BreadcrumbList","@id":"https:\/\/pfadvisors.co.uk\/en\/equity-release-market-regaining-momentum\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/pfadvisors.co.uk\/en\/"},{"@type":"ListItem","position":2,"name":"Archive - Articles from 12 months ago","item":"https:\/\/pfadvisors.co.uk\/en\/kategoria\/archive\/"},{"@type":"ListItem","position":3,"name":"Equity release market regaining momentum?"}]},{"@type":"WebSite","@id":"https:\/\/pfadvisors.co.uk\/en\/#website","url":"https:\/\/pfadvisors.co.uk\/en\/","name":"Prestige Financial Advisers","description":"Polska firma doradztwa ubezpieczeniowego w UK","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/pfadvisors.co.uk\/en\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/pfadvisors.co.uk\/en\/#\/schema\/person\/50d699ec759d89772430606ad51a083e","name":"Prestige-FA","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/c01713e825afad3aa6c68cacf3ba6156cc972eeafe14f0117e01a62f08d90a65?s=96&d=mm&r=g","caption":"Prestige-FA"}}]}},"_links":{"self":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/2973","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/comments?post=2973"}],"version-history":[{"count":1,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/2973\/revisions"}],"predecessor-version":[{"id":2974,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/posts\/2973\/revisions\/2974"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/media\/2922"}],"wp:attachment":[{"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/media?parent=2973"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/categories?post=2973"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pfadvisors.co.uk\/en\/wp-json\/wp\/v2\/tags?post=2973"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}