The equity release market was worth just under £800m in 2011*, which is a number dwarfed by the vast amount of money still tied up in the homes of the retired population of the UK.
Just Retirement Limited believes that the value built up in homes can play a much bigger part in helping financial intermediaries plan a client's retirement income needs much more effectively.
The above chart shows the changes in the equity release market and proportions in each segment for Lifetime Mortgages, Home Reversion Plans and Drawdowns from facilities on existing contracts.
Useful LinksGiving advice on Equity Release
Information about our products
* Source: SHIP 2011