The UK Home Equity Lending Market Report is Segmented by Product Type (Fixed Rate Loans, Home Equity Line of Credit), Provider (Banks, Credit Unions, Non-Banking Financial Institutions, Others), and Mode (Online, Offline). The Market Forecasts are Provided in Terms of Value (USD).

This statistic illustrates the breakdown of total new equity release plans agreed in the United Kingdom (UK)in the second quarter 2019. Equity release plans are designed to allow homeowners to access some of the value of their property without the need to sell their house and move out. A lump sum equity release plan facilities a one-off payment, whilst a drawdown equity release plan enables a homeowner to receive an initial advance, alongside an agreed amount cash facility that can be used when required. It can be seen that the share of single plan-female homeowners opting for a equity release plan was twice higher than single plans-male.

Unlock the potential of the UK equity lending market! Discover key trends, growth forecasts (2025-2033), leading companies, and segment analysis in this comprehensive market report. Explore the impact of fixed-rate loans, HELOCs, and online lending on this booming sector. Recent developments include: In February 2022, Selina Advance, a London-based fintech business, has raised USD150 million in investment to expand its home equity lending solutions to customers across the UK. The round of fundraising, coordinated by global private equity platform Lightrock, included USD 35 million in equity and USD 115 million in loans from Goldman Sachs and GGC to help the company expand across the UK., On February 2, 2022, Santander announced its decision to stop originating residential mortgages and home equity lines of credit (HELOCs) . Santander will continue to service existing home loans and lines of credit received till February 11, 2022.. Notable trends are: Raising Homeownership Rate is Driving the Home Equity Lending Market.

This statistic illustrates the average house price for equity release plan customers in the United Kingdom (UK) from the second half of 2015 to the second half of 2019, by type of lifetime mortgage. Equity release plans are designed to allow homeowners to access some of the value of their property without the need to sell their house and move out. A lump sum equity release plan facilities a one-off payment, whilst a drawdown equity release plan enables a homeowner to receive an initial advance, alongside an agreed amount cash facility that can be used when required. It can be seen that the average house price for both lump sum and drawdown customers increased steadily during this period, reaching over *** thousand British pounds in lump sum plans, and *** thousand British pounds in the drawdown plans, as of the second half of 2019.

Key market data from the Equity Release Council for the UK lifetime mortgage and equity release market.

UK Home Equity Lending Market size was valued at USD 10.2 Billion in 2024 and is projected to reach USD 18.7 Billion by 2032, growing at a CAGR of 7.9% during the forecasted period 2026 to 2032.​UK Home Equity Lending Market DriversThe UK home equity lending market is experiencing notable growth, driven by several key factors. An aging population with insufficient retirement savings has led to increased demand for equity release products, allowing homeowners to access the value tied up in their properties. Additionally, rising property values have enhanced homeowners' equity, making such financial products more accessible and appealing. The integration of financial technology (fintech) has further streamlined the borrowing process, offering digital innovations that enhance customer experiences and operational efficiency. Moreover, financial institutions are adapting to evolving regulatory guidance by adjusting lending criteria to support homeownership goals, as evidenced by Santander's recent changes to mortgage affordability assessments. Collectively, these factors contribute to the dynamic expansion of the UK's home equity lending market.