The equity release market in the UK grew 11% in 2025, according to the latest research from industry group the Equity Release Council (ERC).
Total annual lending increased from £2.3bn in 2024 to £2.57bn in 2025.
“Growth of 11 per cent underlines the increasingly important role housing wealth is playing in supporting financial resilience and choice in later life. It reflects something far bigger than short-term market movements – equity release is proving vital to meeting people’s social and economic needs. Modern products are more flexible and secure than ever and, for many homeowners, accessing housing wealth is now a core part of their retirement planning, helping them enjoy financial freedom and a better quality of life. Releasing property wealth now supports around £1 in every £90 spent by retired households,” said Jim Boyd, Chief Executive of the ERC.
The ERC’s quarterly market numbers for Q4 2025, the latest available, show the sector has continued to grow, with £632m worth of total lending. This is a 1.6% increase compared to Q4 2024 (£622m).
The average release rose to £123,174 in Q4 2025, an increase of 5.7% year-on-year. 1,468 customers returned for further advances this quarter, compared to 1,411 in Q4 2024.
