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The Equity Release Council comments on publication of Local Government Select Committee’s Housing for Older People report

New equity release plans rise by a third as lending passes £800 million in a single quarter for first time

Equity release scheme triple since 2007 in decade of growth for sector

Drawdown lifetime mortgages plans remain the most popular product choice

Wealth accumulated via mortgage repayments reaches a record £62.7 billion in 2016 as UK faces a retirement income crisis

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