Equity release market’s total lending rises by nearly a third YOY to £665m in Q1 – ERC
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4 Articles
Equity release market boosted by improved Q1: ERC – Mortgage Finance Gazette
The equity release market had a strong start to 2025 with £665m worth of housing equity accessed by customers during the first quarter. This is according to the Equity Release Council’s latest quarterly market report which reveals a 32% increase in total lending when compared… The post Equity release market boosted by improved Q1: ERC appeared first on Mortgage Finance Gazette.
Equity Release figures show substantial market growth - IFA Magazine
The latest Equity Release Council quarterly figures released today have shown a substantial market growth with a 32% lending increase compared to 2024. With this in mind, some of the leading industry names, professionals and experts have shared their views on the data. Leon Diamond, founder and CEO at LiveMore, commented: “Today’s UK Finance data shows that equity release lending has now grown for four quarters in a row, reaching £665 million i…
Equity release market enjoys better first quarter: ERC – Mortgage Strategy
The equity release market had a strong start to 2025 with £665m worth of housing equity accessed by customers during the first quarter. This is according to the Equity Release Council’s latest quarterly market report which reveals a 32% increase in total lending when compared to Q1 2024 (£504m) and the fourth successive quarter of growth witnessed in this sector. Growth has been propelled by a marked increase in new customers (14%) taking lump s…
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