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Press Release

Equity Release Hits £1.71 Billion as Plan Sales Surge

Posted: 11 July 2018

Retired homeowners release £9.5 million a day in the first half of the year Families benefit as retired homeowners give cash, Key Retirement’s H1 2018 Equity Release Market Monitor shows Download the full report at: www.keyretirement.co.uk/market-monitor Retired homeowners released £1.71 billion of property wealth in the first six…

Key Retirement hires Advice Delivery Director

Posted: 25 June 2018

Key Retirement, the UK’s leading independent equity release advisor, has strengthened its senior team with the appointment of Ian English as Advice Delivery Director. Ian joins the company following considerable experience in the UK mortgage market at both Lloyds Banking Group and Santander. Most recently, Ian worked at RBS (Williams & Glyn)…

Last-time buyers struggle to find the homes they want

Posted: 22 June 2018

Last-time buyers are struggling to find houses to move to as the potential financial gains from downsizing are not high enough and they cannot find suitable homes in their local area, new research* from leading specialist financial advisor Key Retirement shows. Its nationwide study* shows nearly one in three (30%) of over-65s homeowners – the…

Pensioners earn £7,000 a year from their homes

Posted: 11 June 2018

The average over-65 homeowner in Great Britain has seen property wealth gains worth £159,000 – the equivalent of £7,000 per year in the 23 years they have owned their home, analysis* from leading over-55s financial specialist Key Retirement shows. Over-65s in London have been the biggest winners with property prices soaring by £394,944…

Gifting helps drive equity release record growth

Posted: 10 May 2018

Lending and plan sales hit new all-time high for first quarter Retired homeowners make an average £74,000 from their homes, Key Retirement’s Q1 2018 Equity Release Market Monitor shows Download the full report at: www.keyretirement.co.uk/market-monitor Gifting is continuing to drive expansion in the equity release market with one in four…

Shock bills are 'driving retirement card debt'

Posted: 25 April 2018

One in five over-65s are struggling to clear debts run up from unexpected bills Half of over-65s only keep their credit cards to help with one-off major bills Key Retirement’sManaging Debt In Retirementguide can help to beat debt problems Unexpected bills are a major driver of credit card debt in retirement with nearly one in five over-65s struggling…

Debt squeeze 'spoiling retirement for one in five'

Posted: 21 March 2018

Credit card and loan debt is preventing more than one in five over-65s from enjoying retirement as they struggle to maintain their standard of living with one in seven (14%) relying on credit cards to boost their income in retirement, new research* from leading over-55s financial specialist Key Retirement shows. The research found 26% of over-70s are…

Debt threat for retirement savers

Posted: 16 March 2018

Two out of five over-55s do not clear credit card balances every month And one in three have loans and overdrafts on top of credit card debts Key is campaigning to help savers become retirement ready Retirement savers are struggling to clear debts as they enter the crucial period in the countdown to stopping full-time work, new research* from leading…

Over-65s can bank on £1.1 trillion of property wealth

Posted: 13 February 2018

Retired homeowners gain £7,900 in property wealth in a year, Key Retirement Pensioner Property Index shows Over-65s in the South East and East Anglia have made more than £1,000 a month in the past year Retired homeowners have gained more than £7,900 each in property wealth in the past year despite uncertainty in the housing market,…

Equity release market breaks £3 billion record expanding by nearly £1 billion in a year

Posted: 10 January 2018

Pensioners release £8.2 million from their homes every day Retired homeowners unlocking an average £77,380 from their homes, Key Retirement’s 2017 Equity Release Market Monitor shows Download the full report at: www.keyretirement.co.uk/market-monitor Retired homeowners cashed in more than £3 billion of property wealth last year…

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