Average age of new equity release plan customers the United Kingdom (UK) 2014-2017

This statistic illustrates the average age of new customers for all equity release plans agreed in the United Kingdom (UK) from the first half of 2014 to the second half of 2017, by type. Equity release plans are designed to allow homeowners to access some of the value of their property without the need to sell their house and move out. It can be seen that the average age remain overall on the same level during this period. It was approximately 72 years of age as of the second half of 2017 for new drawdown plan customers and 69 for new lump sum plan customers.

Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2017, by type

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Source

Release date

June 2018

Region

United Kingdom

Survey time period

1st half 2014 to 2nd half 2017

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Statistics on "Mortgages in the United Kingdom (UK)"

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