Today, new social and economic realities call for new ways to help people fund successful retirements. And unlocking property wealth is fast becoming a trusted and reliable way to achieve those goals. After all, £3.8tn is held in property wealth across the UK.
Increasingly, people are using equity release to do just that. By 2021, it’s estimated that equity release will account for £8.4bn in later life lending.
ERC, Key Market Monitor FY 2018, L&G Silver Spenders, Halifax 2017.
• The retirement income people expect to need is more than double today’s average, with Yorkshire and the Humber home to the biggest reality gap (£27,723)Read more
Key Group, the leading specialist provider of financial solutions to the over-55’s, has promoted Russell Warwick (formerly Strategy Director) to Group B2B Distribution Director.Read more