Getting cash out of your home

Equity: Research from debt advisory specialists, Henry Dannell, suggests that it is not just a quick cash hit that is driving equity release across the UK market, as a post-pandemic perspective spurs homeowners to avoid being hit by inheritance tax.

London is leading the way when it comes to the value of equity being released from a property. In 2021, the average value released was £222,060, up 36 per cent from the previous year, the largest increase of all areas of the UK. The South East was a close second.