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Statistics and information


Market size

 

The chart below shows the funds released by homeowners taking out equity release plans via members of Safe Home Income Plans (SHIP) since 1997. 

 

Charts/SHIP no of plans data 16July09

 

SHIP members are believed to account for around 90% of regulated equity release transactions by volume.

 

On its own this does not tell the full picture, as whilst the amounts released have fallen, the number of plans continue to hold up; this is in part due to the increasing popularity of the drawdown lifetime mortgage product as illustrated below.

 

Charts/SHIP 2nd graph 16July09