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Rising house prices are fuelling an equity release boom

12th February 2018 Latest News

House prices across the country rose by an average of 12.6% between 2014 and 2017, according to statistics from Nationwide Building Society.

  • In 1969, average house prices were: £4,312
  • In 1975, average house prices were: £10,388
  • In 1980, average house prices were: £22,676
  • In 2016, average house prices are: £198,564

This exponential rise has resulted in equity release being increasingly common as part of later life financial planning. Whether as a “living inheritance” as older family members help the young onto the property ladder or simply as a means of realizing capital for home improvements, holidays or a higher standard of living equity release continues to boom.

UK House prices 1991-2014

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