The UK equity release market returned to growth during Q2 2026, with lending and customer activity increasing as customer demand returned following a slower start to the year.
According to the latest data from the Equity Release Council, total lending increased to £597m during Q2 2026, up 4% on the previous quarter (£574m). Overall customer numbers also rose 4% to 13,489.
The strongest growth came from new customers, with 5,307 homeowners accessing housing wealth for the first time, a 9% increase on Q1.
“It is encouraging to see this increase in activity despite the inherent challenge of continuing domestic and international uncertainty. New customer numbers have recovered to the same level as a year ago, while overall lending and customer activity have both increased over the quarter,” said Jim Boyd, CEO at the Equity Release Council.
“The FCA recently described later life lending as a fourth pillar alongside pensions, savings and investments. Today’s figures suggest that transition is already underway. As retirement funding becomes increasingly dependent on a mix of assets, housing wealth is becoming a more mainstream part of financial planning, supported by stronger consumer protections, greater product flexibility and high-quality advice.”
