More 2 Life market share quadruples

The equity release lender took 16.8% of adviser business in the last quarter of 2012 compared to 2010 when it took just 3.5% of adviser business. In a statement, the company said it is confident growth will continue in 2013 as a result of an expanding equity release market and increased interest in equity release driven by a focus on individual underwriting and lower rates. This comes amid the strongest growth in the overall equity release market since 2009. The total value of the market also increased by 17% to £925.7 million between 2011- 2012. And the average value of plans hit the...