Updated every month, the moneyfacts.co.uk editorial team compare the best lifetime mortgage equity release rates in the UK. Start your comparison today.
The Moneyfacts Annual equity release star ratings are out now. We've reviewed hundreds of products to find those that deserve the top marks of five-stars.
Statistics recently released by the Equity Release Council announcing fourth quarter and full year figures highlight the popularity of Equity Release products. During 2021, 76,154 customers took out new plans, made use of existing drawdown reserves or agreed extensions to existing plans.
The equity release sector has remained strong this year with the first nine months of 2021 seeing homeowners take out £2.989 billion via equity release
Money unlocked from property via equity release is set to break the £4 billion this year, with homeowners taking out £2.989 billion via equity release in the first nine months of 2021