property equity

Property equity hits record high

6th September 2024 Consumer Lending | #property equity

The UK’s property equity has reached an unprecedented £5.7trn, driven by recovering house prices according to the Equity Release Council. This figure marks an increase from £5.4trn in the same period last year and surpasses the previous high of £5.6trn recorded in mid-2022. Total UK mortgage debt of £1.6tn compares with an overall property market…

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property equity

Property equity hits record high

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