Record property wealth sees average equity release customer draw ยฃ125k from their home in 2021๐ฐ
The pandemic property boom has seen average equity release customers draw the equivalent of more than seven years of retirement income from their home in 2021, according to the latest data released by the Equity Release Council.
As UK property wealth reached a record ยฃ5.2tr at the end of last year, the equity release market saw customers withdraw ยฃ125,000 on average as a single lump sum or via incremental โdrawdownsโ. To continue reading, please Click Here