The profile of customers using equity release is changing due to the ongoing market developments and economic factors, Key chief executive Will Hale reveals speaking to Mortgage Strategy. With higher product rates and more restricted product ranges, Hale explains that almost 80% of new customers inquiring about
The equity release market is nearing £6bn of new lending this year after a record first half which saw the average customer release just over £100,000 in property wealth, new data from Key Later Life Finance shows. The data found that plan sales grew by 24.5% in the first six months of the year to 25,448 compared