This statistic illustrates the average age of new customers for all equity release plans agreed in the United Kingdom (UK) from the first half of 2014 to the second half of 2019, by type. 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. It can be seen that the average age remain overall on the same level during this period. It was approximately 71 years of age as of the second half of 2019 for new drawdown plan customers and 68 for new lump sum plan customers.
Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2019, by type
Basic Account
Get to know the platform
You only have access to basic statistics.
This statistic is not included in your account.
Starter Account
The ideal entry-level account for individual users
- Instant access to 1m statistics
- Download in XLS, PDF & PNG format
- Detailed references
$199 USD / Month *
Professional Account
Full access
Business Solutions including all features.
* Prices do not include sales tax.
Other statistics that may interest you Statistics on
About the industry
10
- Premium Statistic Average house price for equity release plan customers UK 2015-2019, by mortgage type
- Premium Statistic Age breakdown of equity release plan customers in the UK 2017, by mortgage type
- Premium Statistic Breakdown of agreed new equity release plans the United Kingdom (UK) 2019
- Premium Statistic Residential mortgage interest rate in Germany 2015-2023, by mortgage type and month
- Premium Statistic Outstanding residential mortgage lending in Belgium 2016-2023, per quarter
- Premium Statistic Gross residential mortgage lending in the Netherlands 2016-2022, per quarter
- Basic Statistic Homeownership rate with a mortgage in Germany 2010-2021
- Premium Statistic Homeowners with a mortgage in Spain 2010-2019
- Premium Statistic Homeowners with a mortgage in urban areas in Portugal 2010-2017
- Premium Statistic Homeowners with a mortgage in urban areas in Belgium 2010-2017
About the region
10
- Premium Statistic First-time buyer mortgage in the UK 2022-2023, by region
- Premium Statistic Value of buy-to-let mortgage lending in the UK 2011-2021, with a forecast until 2024
- Premium Statistic Average buy-to-let property yield in the UK 2023, by property type
- Premium Statistic Share of purchase and remortgage lending of buy-to-let properties UK Q2 2022
- Premium Statistic Average loan size of buy-to-let properties UK Q3 2021-Q2 2022
- Premium Statistic Average loan to value (LTV) of buy-to-let properties UK Q2 2022
- Premium Statistic Average fixed rate prices of buy-to-let mortgages UK 2021-2022, by term
- Premium Statistic Number of mortgage approvals in the UK 2012-2023, by loan type
- Premium Statistic Median value of mortgage advances in the UK 1990-2022
- Premium Statistic Distribution of mortgage advances in the UK 2019, by size
Other regions
10
- Premium Statistic Value of 90+ delinquent HELOC balances in the U.S. 2003-2016
- Premium Statistic Homeowners with a mortgage in urban areas in Bulgaria 2010-2017
- Premium Statistic Homeowners with a mortgage in urban areas in Italy 2010-2017
- Premium Statistic Homeowners with a mortgage in urban areas in Poland 2010-2017
- Premium Statistic Consumer view on switching mortgage lender for a better deal Australia 2023
- Premium Statistic Monthly price change of second-hand residential buildings in Beijing 2018-2023
- Premium Statistic Leading mortgage providers in Belgium 2018, by market share
- Basic Statistic Housing concerns in Scotland (UK) in 2019, by issue
- Premium Statistic Number of initiated housing units per thousand citizens in Europe 2022, by country
- Basic Statistic Value of mortgage lending in Canada 2017-2023, per quarter
Related statistics
10
- Premium Statistic Leading mortgage providers for first-time buyers in Netherlands 2023
- Premium Statistic Average price per square meter of new detached houses in Norway 2009-2022
- Basic Statistic Mortgage originations in the U.S. 2012-2022, with a forecast until 2024
- Premium Statistic Median sales price of new homes sold in the U.S. 1965-2023
- Premium Statistic Median sale price of existing homes sold in the U.S. 2017-2023 with forecast for 2025
- Premium Statistic Number of completed housing units per thousand citizens in Europe 2022, by country
- Premium Statistic Average mortgage rates for selected European countries in 2022
- Premium Statistic Value of mortgage lending in the Netherlands 2007-2021
- Premium Statistic Leading mortgage providers in the Netherlands 2023, by market share
- Premium Statistic Average price per square meter of used detached houses in Norway 2009-2020
Further related statistics
2
Further Content: You might find this interesting as well
Equity Release Council. (April 21, 2020). Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2019, by type [Graph]. In Statista. Retrieved May 13, 2024, from https://www.statista.com/statistics/709182/new-equity-release-plans-average-customer-age-united-kingdom-uk/
Equity Release Council. "Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2019, by type." Chart. April 21, 2020. Statista. Accessed May 13, 2024. https://www.statista.com/statistics/709182/new-equity-release-plans-average-customer-age-united-kingdom-uk/
Equity Release Council. (2020). Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2019, by type. Statista. Statista Inc.. Accessed: May 13, 2024. https://www.statista.com/statistics/709182/new-equity-release-plans-average-customer-age-united-kingdom-uk/
Equity Release Council. "Average Age of New Customers for Equity Release Plans in The United Kingdom (Uk) from 1st Half 2014 to 2nd Half 2019, by Type." Statista, Statista Inc., 21 Apr 2020, https://www.statista.com/statistics/709182/new-equity-release-plans-average-customer-age-united-kingdom-uk/
Equity Release Council, Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2019, by type Statista, https://www.statista.com/statistics/709182/new-equity-release-plans-average-customer-age-united-kingdom-uk/ (last visited May 13, 2024)
Average age of new customers for equity release plans in the United Kingdom (UK) from 1st half 2014 to 2nd half 2019, by type [Graph], Equity Release Council, April 21, 2020. [Online]. Available: https://www.statista.com/statistics/709182/new-equity-release-plans-average-customer-age-united-kingdom-uk/