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9% fall in equity release lending in 2008

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  • 9% fall in equity release lending in 2008

    The body that represents 90% of UK equity release providers has issued figures that show that lending fell by 9% in value, and 4% in the number of plans sold, in 2008.The director general of Safe Home Income Plans (SHIP), commented that a slight decline in business volumes in 2008 was to be expected given [...]

    More: 9% fall in equity release lending in 2008

  • #2
    I would be curious to know, if its possible, the statistics on applications being made as maybe this downturn could be due to providers declining cases.
    Worldwide Financial Planning is a specialist independent provider of Large mortgages.