Equity release values plummet 41% - Finance & Money Forums

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Equity release values plummet 41%

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07-10-2009, 03:07 PM

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Equity release values plummet 41%

Key Retirement Solutions has updated the equity release market with its latest monitor, showing that volumes are down for the second consecutive quarter.In the three months to the end of June, the number of new plans sold fell an annual 24% to 5,143.Furthermore, the property market downturn meant that the value of new lending plummeted [...]

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