June saw highest equity release activity of 2023 so far
Data from the Equity Release Council reveals there was a rise in equity release activity during the second quarter of this year.
The figures in the council’s Q2 2023 market report show that the number of active equity release customers rose to 17,028. That’s a 2% increase on the figures seen in the first quarter of the year.
In addition to this, new customer numbers rose to 2,462 in June – a 23% increase on April. Monthly activity in June also increased, reaching its highest point of the year to date.