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Press Release

Pensioners release £2.1 billion of property wealth

Posted: 11 January 2017

Equity release market hits new all-time high in 2016 after fifth year of growth Retired homeowners cash in average £78,000 from their homes, KeyRetirement.com’s 2016 Equity Release Market Monitor shows Download the full report at: www.keyretirement.co.uk/market-monitor Retired homeowners withdrew more than £2.1 billion of property…

Key Retirement Group appoints CFO

Posted: 06 January 2017

Key Retirement Group has appointed Rob Scott as CFO to further strengthen the executive team at the over 55s financial planning specialist as it builds for continuing expansion. Rob brings extensive experience and expertise to Key Retirement Group, following a number of senior financial roles in fast growing financial services businesses, and his direct…

Homes earn £26,000 in a year for over-65s

Posted: 12 December 2016

Over-65 homeowners have property wealth of £1.031 trillion, Key Retirement Pensioner Property Index shows Average over-65 homeowner gains £2,300 a month since January Retired homeowners have gained an average of £26,000 tax-free this year from their houses, new analysis* from leading over-55s financial specialist Key Retirement shows…

Bank of Grandad because Gran is less generous

Posted: 03 December 2016

Men spend nearly 50% more on gifts for families from their property wealth And they spend more on cars and holidays than women Women outspend men on using equity release towards buying new homes Retired men are more generous with gifts to family than women when it comes to turning property wealth into cash, new analysis* from leading over 55s retirement…

Conveyancing risk to equity release expansion

Posted: 21 November 2016

Lack of specialistoptions leaves lenders facing bottlenecks, Key warns ​ Key Retirement, the leading over-55s finance specialist, is calling for more conveyancing firms to provide specialist equity release services to lenders in order to assist the growth of the market. Just two specialist nationwide firms – Eversheds and enact – currently…

Key Retirement Group appoints Deputy CEO to spearhead growth

Posted: 24 October 2016

Simon Thompson steps up from CFO to support CEO Colin Taylor Key Retirement Group has promoted Simon Thompson to the newly-created position of deputy CEO as it builds further momentum for continuing strong growth across the financial planning specialist. Simon steps up from CFO after three years with the group, which specialises in offering financial…

Market Monitor Quarter 3 2016

Posted: 15 October 2016

Download the full report at:https://www.keyretirement.co.uk/about-us/market-monitor Retired homeowners withdrew more than £6.8 million of property wealth a day as the equity release market surged to a new high shrugging off any fears about the EU Referendum vote, according to new analysis from leading over-55s finance specialist Keyretirement.com…

Pensioner property wealth hits £1 trillion

Posted: 19 September 2016

Retired homeowners have seen their property wealth break through the £1 trillion barrier for the first time as the housing market continued to boom shrugging off Brexit fears, new analysis** from leading over-55s financial specialist KeyRetirement.com shows. Pensioners who have paid off mortgages earned an average of £19,120 tax-free each…

Equity release rates at historic low

Posted: 16 September 2016

Equity release interest rates are lower than ever before, thanks to anew fixed rate of 3.53% annually.* The drop in rates could spell good news for anyone interested in equity release because alower interest rate means that less interest is accrued over the life of a plan. We've been busy working with leading providers, including Legal & General,…

Home wealth boosts pensioner holiday spending

Posted: 05 September 2016

Nearly one in three use property wealth to pay for dream holidays and holiday homes Average holiday spending is £6,785 and an average £58,850 is released for holiday homes by retired homeowners using equity release Retired homeowners are turning property wealth into dream holidays with average spending on trips abroad hitting £6,785,…

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