Equity ReleaseJun 7 2023

Number of equity release products halve since ‘mini’ Budget

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Number of equity release products halve since ‘mini’ Budget
On equity release adviser has said the sector is currently facing an "existential crisis" (Tadeusz Ibrom/Dreamstine)

Product choice in the lifetime mortgage sector has remained significantly lower since last September’s “mini” Budget, with less than half the amount of products currently available on the market than there was nine months ago.

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