The table below shows the 11 areas of Great Britain monitored by Key’s index with just over-65s in Scotland seeing price falls.
| Region | Average change in value of home equity for homeowners aged 65+ (between Se and November index) | Combined change in value of home equity for homeowners aged 65+ (between September and November index) |
| South East | increase of £3,460 | +£2.269 billion |
| London | Increase of £15,445 | +£3.407 billion |
| South West | increase of £6,275 | +£3.931 billion |
| North West | Increase of £2,525 | +£1.694 billion |
| East Anglia | increase of £7,219 | +£3.407 billion |
| East Midlands | increase of £3,979 | +£1.715 billion |
| West Midlands | increase of £5,553 | +£1.990 billion |
| Yorks/Humbs | increase of £1,693 | +£488.599 million |
| Scotland | £276 decrease | -£77.832 million |
| Wales | increase of £1,150 | +£304.29 million |
| North East | increase of £743 | +£204.325 million |
| GREAT BRITAIN | £4,786 | +£21.105 billion |
Principal of North-England based Middleton Finance Daniel Bailey said he has experienced an increase in equity release enquiries this year mainly from retired home owners who are asset rich but have very small pension provisions.
He said: "Many are looking to raise funds to supplement there retirement income or provide funds for their children.
"Increase in property value has played its part in the increase in equity release business along with lack of pension income. More providers are entering the market and providing more competition which ultimately will benefit the consumer with more competitive rates."
ruth.gillbe@ft.com
