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Phoebus comment on Equity Release Council Q4 and FY lending figures
30 January 2025
Richard Pike, chief of sales and marketing at Phoebus Software, said:
“It’s encouraging to see growth return to the equity release market, particularly with new customer activity reaching its highest level in over a year. This reflects the activity we’re seeing among our client base. While total annual lending remains below 2023 levels, the steady quarterly increases suggest improving confidence in later-life lending. As the market continues to evolve, technology will play a key role in supporting lenders and advisers to deliver efficient, compliant, and customer-focused solutions.”
