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Over 20,000 consumers used equity release to access property wealth between April and June, close to pre-pandemic activity levels.

Over a tenth (12%) of UK homeowners over 40 years old would consider releasing equity from their property to supplement their retirement income, according to a new report.

A pensioner aged 76 who thought he was not entitled to the state pension has received a backdated windfall of £132,800 after intervention from an equity release adviser.

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