Zest for holidays of a lifetime prompts record demand for equity release

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Zest for holidays of a lifetime prompts record demand for equity release. Homeowners are unlocking a record 11m a day from their property and spending it on home improvements, lavish holidays and sometimes even passing it on to their loved ones, according to new figures from the Equity Release Council.

The Monthly Summary is prepared by Dr. Donald Ratajczak, PhD., Raymond James & Associates, Inc., Fixed Income Consulting Economist. This report is a transcript of comments made by Dr. Ratajczak and should be read in that context. Additional information is available upon request.

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