Equity release

Global Equity Release Market Forecast to More Than Treble By 2031

Retrieved on: 
Thursday, January 28, 2021
Corporate finance, Finance, Equity securities, Money, Equity release, Mortgage, Personal finance, Equity

LONDON, Jan. 28,2021 /PRNewswire/ --The European Pensions and Property Asset Release Group (EPPARG) and EY have today published the Global Equity Release Roundtable 2020 survey report, which predicts the global equity release market could more than treble over the next 10 years.

Key Points: 
  • LONDON, Jan. 28,2021 /PRNewswire/ --The European Pensions and Property Asset Release Group (EPPARG) and EY have today published the Global Equity Release Roundtable 2020 survey report, which predicts the global equity release market could more than treble over the next 10 years.
  • The report gathers data from market leaders across 13 countries globally with established or developing equity release markets, and analyses growth potential.
  • Key findings from the report include:
    Between the countries analysed, over $15bn of equity is released per year for homeowners, but by 2031, the global equity release market is expected to exceed $50bn in annual releases.
  • We congratulate EPPARG on the leadership role they have taken in ensuring a better-informed market through the release of the 2020 Global Equity Release Roundtable survey report."

Fields of Gold - The Property Block`s Equity Release Alternative

Retrieved on: 
Tuesday, May 12, 2020
Mortgage, Personal finance, Economy, Equity release, Mortgage loan, Owner-occupancy, Property

LONDON, May 12, 2020 /PRNewswire/ -- Cloud-based property acceleration platform The Property Block are set to tackle the housing shortage in the UK and provide homeowners with a capital raising alternative to equity release during the coronavirus crisis.

Key Points: 
  • LONDON, May 12, 2020 /PRNewswire/ -- Cloud-based property acceleration platform The Property Block are set to tackle the housing shortage in the UK and provide homeowners with a capital raising alternative to equity release during the coronavirus crisis.
  • Alexander Hagan, The Property Block's managing director, hopes to offer homeowners an alternative solution through their Fields of Gold initiative.
  • He commented, "Equity release ties homeowners into a lifelong mortgage and in the end, their property will be cut out of the inheritance.
  • Phil and Megan Jones from Croydon commented, "We were considering equity release to help our daughter get on the property ladder but after speaking with The Property Block they found a better solution.

Fields of Gold - The Property Block`s Equity Release Alternative

Retrieved on: 
Tuesday, May 12, 2020
Mortgage, Personal finance, Economy, Equity release, Mortgage loan, Owner-occupancy, Property

LONDON, May 12, 2020 /PRNewswire/ -- Cloud-based property acceleration platform The Property Block are set to tackle the housing shortage in the UK and provide homeowners with a capital raising alternative to equity release during the coronavirus crisis.

Key Points: 
  • LONDON, May 12, 2020 /PRNewswire/ -- Cloud-based property acceleration platform The Property Block are set to tackle the housing shortage in the UK and provide homeowners with a capital raising alternative to equity release during the coronavirus crisis.
  • Alexander Hagan, The Property Block's managing director, hopes to offer homeowners an alternative solution through their Fields of Gold initiative.
  • He commented, "Equity release ties homeowners into a lifelong mortgage and in the end, their property will be cut out of the inheritance.
  • Phil and Megan Jones from Croydon commented, "We were considering equity release to help our daughter get on the property ladder but after speaking with The Property Block they found a better solution.

United Kingdom Mortgage Holders Market Trends Report 2019 Featuring Barclays, HSBC, Lloyds, Nationwide, RBS, Santander - ResearchAndMarkets.com

Retrieved on: 
Monday, October 7, 2019
Finance, Professional services, Residential Building & Real Estate, Construction & Property, Mortgage, Economy, Money, Finance, Personal finance, United States housing bubble, Loans, Mortgage loan, Refinancing, Equity release, Super jumbo mortgage, United States housing market correction

The "UK Mortgage Holders Market Trends Report 2019" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "UK Mortgage Holders Market Trends Report 2019" report has been added to ResearchAndMarkets.com's offering.
  • The Mortgage Holders Market Trends Report 2019 outlines the broad mortgage trends and developments amongst homeowners who are looking to undertake one of the following: purchase a home; refinance an existing mortgage; raising other forms of finance based on the security of a home.
  • Existing homeowners borrowed over 180 billion in 2018 secured on their homes, representing almost 900,000 mortgages/loans.
  • The amount borrowed rose by 5.6% in 2018, mainly reflecting a sharp rise in remortgaging and lifetime mortgage activity, with the number of mortgage advances growing by 5.2%.

ERS Report Reveals That Brits Have Unrealistic Retirement Aspirations

Retrieved on: 
Thursday, May 9, 2019
Professional services, Consulting, Finance, Termination of employment, Personal finance, Retirement, Equity release, Professional services, Consulting, Finance, Termination of employment, Personal finance, Retirement, Equity release

A nation-wide UK survey produced by Equity Release Supermarket has revealed that there is a clear disconnect between many peoples retirement aspirations and their current financial provision.

Key Points: 
  • A nation-wide UK survey produced by Equity Release Supermarket has revealed that there is a clear disconnect between many peoples retirement aspirations and their current financial provision.
  • Speaking to a diverse sample of 4000 people, the Retirement Reality Report results showed that an overwhelming portion of people are either uncertain or unrealistic about retirement.
  • ERSs findings suggest that many peoples goals for retirement have little bearing on any financial plans they are currently making.
  • You can read more by downloading the Retirement Reality Report, here: https://www.equityreleasesupermarket.com/news/details/does-the-reality-o...
    View source version on businesswire.com: https://www.businesswire.com/news/home/20190509005052/en/

KBRA Assigns Ratings to SMI Equity Release 2018-1 Designated Activity Company (SMI 2018-1)

Retrieved on: 
Wednesday, March 20, 2019
Professional services, Finance, Other Professional Services, Economy, Finance, Money, Equity release, Mortgage, Personal finance, Mortgage loan, Kroll Bond Rating Agency, SMI, Securitization

Kroll Bond Rating Agency Europe Limited (KBRA) assigns ratings to two classes of notes from SMI Equity Release 2018-1 Designated Activity Company (SMI 2018-1), an Irish equity release mortgage transaction secured predominantly by seasoned equity release (aka reverse) mortgages.

Key Points: 
  • Kroll Bond Rating Agency Europe Limited (KBRA) assigns ratings to two classes of notes from SMI Equity Release 2018-1 Designated Activity Company (SMI 2018-1), an Irish equity release mortgage transaction secured predominantly by seasoned equity release (aka reverse) mortgages.
  • SMI Equity Release 2018-1 is, to KBRAs knowledge, the first publicly rated securitisation of Irish/Spanish equity release mortgages (ERMs) and the first publicly rated securitisation of any European ERMs since the financial crisis.
  • The loans comprising SMI 2018-1 were originated by Seniors Money (Ireland) DAC and Seniors Money (Spain) Finance DAC (collectively, SMI).
  • Although SMI originated and has been servicing the portfolio since inception, SMI ceased originations in 2012 following the financial crisis.