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Equity release sales jumped 22% in the first half of 2010 to £454.99m compared to same period last year, according to Key Retirement Solutions (KRS).
Hodge Lifetime has announced plans to reduce new equity release lending and restructure its business to concentrate on its pension annuity arm.
Equity release provider Stonehaven has temporarily suspended all new lending.
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This is a fair enough question, one would think, when research from Moneyfacts shows lenders are enjoying margins at all-time highs on their mortgage rates.
You'd never poke an angry snake with a stick, unless you're very bored or a little reckless. That is unless you're moneysupermarket.com, which did the equivalent with an already harassed and crotchety mortgage industry.
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