Equity Release Council Announces a Record-Breaking Quarter in 2025
The Equity Release Council announces record-breaking quarters based on the volume of equity released and the number of plans taken out, indicating growth in the sector.
How Did the Equity Release Council Announce a Record-Breaking Quarter? Find Out Why a Record-Breaking 23,395 People Unlocked Equity from Their Homes in the First Quarter of 2022 and Which Plans Are the Most Popular. Is Now a Good Time for You to Consider Releasing Equity?
This article contains tops tips from our experts, backed by in-depth research.
Katherine Read Is a Financial Writer Known for Her Work on Financial Planning and Retirement Finance, Covering Equity Release, Lifetime Mortgages, Home Reversion, Retirement Planning, SIPPs, Pension Drawdown, and Interest-Only Mortgages.
Bert Hofhuis Is a Founder & Entrepreneur Simplifying the Complexities of Later Life Planning. He Navigates the Intricacies of Equity Release, Lifetime Mortgages, Reverse Mortgages, and Wealth Management With Clarity and Expertise.
Paul Is an External Compliance Expert and the Director of Alpha Capital Compliance Limited, Known for Its No-Nonsense Approach to Financial Compliance. With Expertise in Regulatory Updates, Compliance Auditing, and Due Diligence, Paul Is a Trusted Name in UK Finance.
Francis Hui Is Senior Risk Manager With a Wealth of High-Level Experience Across the Industry, and a True Expert at Helping UK Citizens Make Smart Financial Decisions and Manage Risk.
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Key Takeaways
This quarter's been a real game-changer, showing how more and more people are getting into equity release schemes. It's a sign that the market is doing great and gaining trust.
Thanks to more people knowing about it, some cool innovations, and tight rules to keep everyone safe, the Equity Release Council had an amazing quarter.
With this kind of buzz, we might see even better deals on equity release rates because everyone's keen and the market's looking strong.
The numbers this quarter were off the charts! We're talking about more folks signing up, loads of new plans kicking off, and a ton of property wealth being tapped into.
With all this action, you might find some really sweet deals on equity release now. There's more choice and better rates because the market's heating up with more people getting involved.
The equity release industry is exploding with record-breaking Q1 2022 equity release statistics showing immense promise for another record-breaking year.
In This Article, You Will Discover:
Read on to find out more about the Q1 statistics of 2022.