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LLB Later Life Borrowing

Equity release hotspots: uptake by region

Equity release is far more common in some parts of the country than others. This page maps uptake as the number of new plans per 1,000 over-55 homeowners by region. That is usage density, which is a different question from where the most property wealth sits: a region can hold huge housing wealth yet see relatively few people release it, or the reverse. The regional table below is illustrative and clearly labelled as a placeholder.

Usage, not wealth. This page measures how often people take out plans, not how much equity is locked up. For the wealth view, see the locked property wealth pages. The two often diverge: high uptake can reflect tighter pension incomes as much as high house prices.
Illustrative regional figures. The rates below are a placeholder to show the format. They are not sourced and must not be quoted as fact. They will be replaced with a sourced join: Equity Release Council market data on new plans by region, divided by ONS counts of over-55 homeowners in each region.
Illustrative equity release uptake, new plans per 1,000 over-55 homeowners by region (placeholder)
RegionIndicative uptakeStatus
South WestAbout 9 per 1,000Illustrative
South EastAbout 8 per 1,000Illustrative
East of EnglandAbout 8 per 1,000Illustrative
LondonAbout 7 per 1,000Illustrative
WalesAbout 6 per 1,000Illustrative
West MidlandsAbout 6 per 1,000Illustrative
East MidlandsAbout 5 per 1,000Illustrative
North WestAbout 5 per 1,000Illustrative
Yorkshire and the HumberAbout 5 per 1,000Illustrative
ScotlandAbout 4 per 1,000Illustrative
North EastAbout 4 per 1,000Illustrative
Northern IrelandAbout 3 per 1,000Illustrative
Source: Illustrative only, to be confirmed against Equity Release Council market data + ONS over-55 homeowner counts
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Why uptake clusters where it does

Uptake tends to be higher in southern regions, where house prices are highest and a larger share of older homeowners have substantial equity to draw on. But price is not the whole story. Pension income, the local mix of homeowners versus renters, family circumstances, and how many advisers operate nearby all shape how many people actually go ahead. A region with strong housing wealth but few local advisers can see lower uptake than the wealth alone would predict, which is one reason adviser coverage matters.

How this is measured

A reliable uptake map needs two sources joined. The numerator is the count of new equity release plans by region, from Equity Release Council market data. The denominator is the number of over-55 homeowners in each region, from ONS population and tenure data, so that a large region is not flattered simply for having more people. Dividing one by the other gives plans per 1,000 over-55 homeowners, a fair comparison across regions of different sizes. Until those sources are joined and entered, the table here is illustrative only and labelled as such. Last reviewed June 2026.