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  • January 23rd, 2018

    New data from over-55s finance specialist, Key Retirement, has revealed that retired homeowners cashed in more than £3bn of property wealth last year as the equity release market expanded at a record rate.
    According to the analysis, homes paid out more than £8.2m a day last year to pensioners with the average retired homeowner using £77,380 of property wealth to boost their standard of living.
    The total value of property wealth released in 2017 grew 40% on the previous year