9 Nov 2018
The Q3 Market Monitor report from Key reveals continued strong growth in the equity release sector. The number of new plans is up 16% on 2017 and overall lending has increased by 25%.
In Q3 of 2018 there's been a total of 12,133 plans issued, totaling a record breaking £933.9 million of lending.
Last quarter we saw changes in the popular uses of equity release, with home improvements continuing to soar in popularity as the primary driver for an equity release loan:
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