This article needs additional citations for verification. (February 2012)
According to the Equity Release Council (ERC), a non-profit UK consumer-centric trade body for all things relating to equity release and its industry  the numbers of lifetime mortgages in the UK rose by 25 per cent from 2017 to 2018 across all UK regions. 
The UK equity release market is fully regulated, with both lifetime mortgages and home reversion plans falling under the remit of the Financial Conduct Authority (FCA).
Pricing of no negative equity guaranteeEdit
The UK Prudential Regulation Authority expressed concerns in 2018 that firms investing in ERMs should 'properly reflect' the cost of the no-negative-equity guarantee. Its consultation paper CP 13/18, published 2 July 2018, provided a benchmark for valuing the guarantee. The paper recommended modelling the guarantee as a series of put options expiring at each period in which cash flows could mature, weighted by the probability of mortality, morbidity and pre-payment, using a version of the Black–Scholes pricing formula. It recommended that the underlying price of the option should reflect the cost of deferred possession of the property, independent of any assumptions about future property growth, warning that many of the approaches presented to it implicitly assumed negative deferment rates.
This section is empty. You can help by adding to it. (July 2010)
- "What Is equity release and what are the risks?". Times Money Mentor. Retrieved 19 September 2021.
- "What is the Equity Release Council?". The Telegraph. 14 August 2017. ISSN 0307-1235. Retrieved 19 September 2021.
- Warwick-Ching, Lucy (4 April 2019). "Dramatic rise in equity release by over-55s to fund retirement". Financial Times FT.com.
- "Consultation Paper CP 13/18" (PDF). Bank of England. 2 July 2018. Retrieved 5 August 2018.