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The Independent UK

Business

Vicky Shaw

Equity release ‘finances £1 in every £90 spent by retired people within the UK’

United Kingdom CEBR Craig Brown Legal General

PA Wire

Equity release finances around £1 in every £90 spent by retired people within the UK, according to analysis.

Total retirement spending funded by equity release could top £4 billion this year and £5 billion in 2025, according to modelling by the Centre for Economics and Business Research (Cebr), as homeowners increasingly look to property wealth to support their retirement.

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