11 September 2020 - 08:56 AM
Year | No. Equity Release Plans on the Market | YOY % Change |
End August 2020 | 525 | +67% |
Full year 2019 | 315 | +96% |
Full year 2018 | 161 | +87% |
Full Year 2017 | 86 | N/A |
Product Feature | Total Products with individual features | % Change | |
August 2020 | October 2019 | ||
Downsizing protection | 288 | 187 | 54% |
Drawdown | 294 | 90 | 227% |
Fixed early repayment charges | 207 | 140 | 48% |
Interest payments | 186 | 81 | 130% |
Inheritance protection | 72 | 99 | -27% |
Lend on sheltered or age-restricted properties | 315 | 164 | 92% |
One-off repayments | 295 | 211 | 40% |
TOTAL PRODUCTS | 525 | 314 | 68% |