Many contradicatory claims exist regarding the progress and activity of the equity release industry. Some of those sources suggest that equity release applications are falling as a result of the current economic climate. Others state that the economic turmoil is boosting the equity release mortgages industry as times are hard and people need help with retirement planning and also need a cash injection.
So which source to trust? Neither, is my humble opinion. I trust Google. Google states that the term equity release received 50,000 searches last month. Up 500 on the month before. This means that people online are increasingly interested in equity release and continue to search for pages related to the industry.