Equity Release Market Continues to Grow in 2026

What is equity release and how does it work?

For many homeowners aged 55 and over, their property is their most valuable asset. Equity release can provide a way to access some of the money tied up in your home, while continuing to live there and retain ownership. It may be considered by those looking to support their retirement income, repay existing borrowing, carry out home improvements, help family members financially or simply enjoy greater flexibility in later life.

Equity release market growth in 2026

Recent figures from the Equity Release Council show that the market continues to grow. Total lending increased to £597 million in Q2 2026, up 4% from £574 million in Q1, while overall customer numbers also rose by 4% to 13,489. The strongest growth came from new customers, with 5,307 homeowners accessing equity release for the first time during the quarter, a 9% increase on Q1.  It is forecasted that the equity release market will continue to grow. 

Alternatives to equity release

While equity release can be a useful option, it is not suitable for everyone. It can affect the value of your estate, inheritance planning and entitlement to means-tested benefits. Alternatives such as downsizing, using savings or investments, family support, or checking eligibility for benefits and grants should also be considered before proceeding. That is why taking clear, independent legal advice is an essential part of the process.

Legal advice for equity release

At Holmes & Hills, our experienced equity release solicitors provide clear, practical and supportive legal advice to help you understand the legal implications before making a decision. As a trusted local firm and members of the Equity Release Council, we guide clients through the process carefully, ensuring they understand their options, obligations and the potential long-term impact.

If you are considering equity release, contact Holmes & Hills to speak with a member of our experienced team and find out how we can support you through the legal process with confidence and clarity.