New equity release plan sales grew by 24.5% (year on year) in the six months to 30 June, according to data released today.

The total value of equity released from property in the third quarter rose 18.8% to just over £1bn.

Standard Life Home Finance, the new joint venture between Standard Life, has revealed details of its first range of equity release products. 

More than 11.6m people have received an inheritance in the past 10 years with 47 the average age at which people receive a windfall, new research has revealed.