Planning has been approved for a 138,000 sq ft industrial development, Spitfire Court on the Triumph Business Park in Speke. Work is scheduled to begin on site in October 2020 with completion targeted for Q3 2021. The Park was acquired by InfraRed Capital Partners Limited (“InfraRed”) in 2019, on behalf
£120m world-first low carbon greenhouses in Norfolk and Suffolk are on track for the testing and commissioning phase to begin this autumn. The two giant greenhouses have used more glass than The Shard, and just one is one-and-a-half times the size of the O2 in London. This world-first development, project
All you need to know about the UK equivalent to CE marking and CPR fire testing, as exiting the European Union trade deals continue to conclusion – contact the team today for priority testing! The background – BASEC’s position on CE/UKCA marking On 1st September, Ministry of Housing, Communities and
The European Commission has announced the winners of the second edition of Horizon Impact Award, a prize dedicated to EU-funded projects that have created societal impact across Europe and beyond. The winning projects have helped to reduce the CO2 footprint of numerous leading airlines, developed the first transparent display that
The Scottish home building industry today called on the Scottish Government to issue a clear statement of intent on the need to deliver 25,000 new homes of all tenures each year and to mandate public agencies to work in partnership with developers across sectors to achieve this. According to trade
Martin Riley FIQ, senior vice-president of Tarmac, has been appointed the 69th President of the Institute of Quarrying (IQ), taking over from previous president Phil Redmond FIQ. The new President was officially confirmed at the Institute’s AGM, which took place via videoconference on 22nd September 2020. Martin says: “I’ve been
Regional contractor G F Tomlinson has completed construction works on five new industrial units at Ashroyd Business Park, Barnsley. Constructed on plots 4 and 5 of the business park, the units have been speculatively built for developer Network Space, to meet a shortage of industrial space in the Sheffield City Region, in
Prydis and Intercontinental Hotels Group (IHG) have sealed a deal to turn a former House of Fraser outlet In Exeter into a new Hotel Indigo. Prydis announced its acquisition of the 70,000 sq ft city centre building, which overlooks Exeter Cathedral, earlier this year. “Exeter has the perfect mix
As many baby boomers begin to prepare themselves for retirement, one of the most common things they are now considering is seeking equity release advice to give themselves a nice retirement package. Now is quite comfortably the right time to strike, as, despite the housing market going into lockdown this
Planning has been approved for a 138,000 sq ft industrial development, Spitfire Court on the Triumph Business Park in Speke. Work is scheduled to begin on site in October 2020 with completion targeted for Q3 2021. The Park was acquired by InfraRed Capital Partners Limited (“InfraRed”) in 2019, on behalf of InfraRed Active Real Estate Fund IV, who appointed Merseyside-based Network Space Developments last year to bring forward the £15m speculative scheme on a plot of vacant land to the south-west corner. The scheme will bring 12 Grade A industrial units to market, taking the total Park footprint to almost 1million sq ft. The proposed units range in size from 3,000 sq ft up to 34,000 sq ft. Six larger warehouse units include ancillary first floor offices, designated parking spaces, generous service yards and loading door access. One sub-divided terraced unit houses a further six smaller business units. The wider Triumph Business Park site is a major storage, distribution and commercial hub, with 24-hour access and a security lodge and entrance barrier. It’s strategically located less than one mile from Liverpool John Lennon Airport, with Liverpool South Parkway transport interchange 1 mile to the north for destinations across Merseyside with links to Birmingham and London Euston. Network Space Development Director, Joe Burnett said: “We are delighted that planning has been approved for a scheme that brings significant logistical and economic benefits to the Liverpool City Region. The extension to Triumph Business Park will complement existing businesses and amenities on the Park, as well as neighbouring retail outlets. This is the next chapter in this regeneration success story for the former Triumph factory site. He added: “The units will offer Grade A warehouse and office accommodation that will attract quality tenants to the Park, along with long-term job, training and investment opportunities.” Dean Harrison, Investment Director at InfraRed Capital Partners, commented: “Located only seven miles from Liverpool city centre, the Park benefits from good transport links, increased urbanisation and strong tenant demand from last mile logistics operators. The greater turn to e-commerce during the recent months has increased demand for modern, high-quality urban logistics assets, which this project delivers. The scheme will meet BREEAM Very Good standards and with sustainability in mind, will incorporate electric vehicle charging points for each unit and LED lighting throughout. It will also be zero carbon ready, allowing for easy future provision of renewable energy technologies. To date, InfraRed has acquired, developed and managed over c.18m sq ft of industrial assets. We will look to expand our urban logistic holdings in the UK and Western Europe throughout 2020 and beyond with substantial capital available for deployment”. Triumph Business Park was acquired by InfraRed, for £30m from an undisclosed vendor. Architects for the scheme are AEW Architects. CBRE and B8 are appointed as agents with NSM providing asset management services across the Park.
£120m world-first low carbon greenhouses in Norfolk and Suffolk are on track for the testing and commissioning phase to begin this autumn. The two giant greenhouses have used more glass than The Shard, and just one is one-and-a-half times the size of the O2 in London. This world-first development, project managed by Step Associates, will also be home to the largest heat pump system project in the UK. The greenhouses have been built next to Anglian Water’s water treatment facilities, the heat from the sewage works will be pumped into the energy centres serving the greenhouses and will provide the ideal growing temperature for growing millions of tomatoes, 10% of the UK’s homegrown tomato crop, along with peppers and cucumbers. Director at Step Associates, Mark Dykes, said “The scheme is using the UK’s largest system of heat pumps, which will channel heat from warm water into the greenhouses to help speed growth. This use of natural energy will cut carbon emissions associated with growing the tomato crop by 75%.” The carbon emissions from an on-site electricity plant will also be funnelled into the greenhouses for the plants to absorb and aid their growth. Greencoat Capital, one of the UK’s largest clean energy funds, is behind the plans and estimates that the greenhouses will produce vegetables with a quarter of the carbon footprint of regular greenhouses. The greenhouses, which are set to start growing this winter, are 7-metre tall glass structures and will allow crops to grow vertically along guide wires. They will be grown hydroponically from nutrient-rich water solutions instead of using soil. As well as providing the UK with homegrown tomatoes, the project will also create up to 360 permanent jobs in the area, and up to 460 at peak season. Mark comments: “This project has been a long and rewarding journey. The greenhouses, being a world-first in their use of renewable energy, have positioned the UK as leading the way in a low carbon solution to growing sustainably, and will hopefully pave the way for similar projects.”
All you need to know about the UK equivalent to CE marking and CPR fire testing, as exiting the European Union trade deals continue to conclusion – contact the team today for priority testing! The background – BASEC’s position on CE/UKCA marking On 1st September, Ministry of Housing, Communities and Local Government (MHCLG) communicated the latest position regarding withdrawal from the European Union (EU) and the future position regarding CE marking under CPR. Statutory Instrument 2019 No 465 covers all aspects of how those trading with the UK must move forward with Construction Products building market standards, for full details read more here: http:/www.legislation.gov.uk/uksi/2019/465/made BASEC is in the unique position of having established both BASEC UK as a UKCA approval body NB 2661 and BASEC Conformity Limited (BCL) as an EU27 notified body via NB 2851. Moving forward On 1st January 2021, BASEC UK will cease to be an EU27 notified body and automatically gain status as a UK approved body. This will be reflected in a database for UK approved bodies similar to NANDO (yet to be published). The current intention is that the same notified body (NB) number will remain, so BASEC will be UK approved body with the existing NB 2661 number. It has been confirmed that the UK approval scheme will be a mirror of the current CPR, all EN standards will become UK designated standards and will again be identical to the EN’s. In this way, the AVCP (testing and FPC) will be no different. As a part of the move away from CE marking to UKCA, the government has allowed a 1-year transition period. Where until 1st January 2022, it will be permissible to use CE marked product that fulfils the below criteria and are: Covered by a harmonised European standard, which is the same as a UK designated standard (as noted above) Affixed with CE marking Accompanied by a manufacturer’s declaration of performance, and Have been assessed by an EU-recognised notified body, where third party assessment is required. Find out more about fire cable standards, testing and certification by downloading the guide. The action industry must take On the surface it appears that there is a further year before definitive action must be taken, however, the below statement brings into focus some urgency, in respect to how transfer of certification between NB’s will need to happen: “Where a UK notified body (which becomes a UK approved body) had carried out tasks or issued certification in relation to the Assessment and Verification of Performance (AVCP) for a product before 1st January 2021, then those tasks and/or that certification may be used to support affixing of the UK marking if the product is placed on the GB market after this date” This means, for all current BASEC customers that have AVCP system 1+ with BASEC it is permissible for BASEC to use this information in support of UK marking i.e. there will be no need for additional parallel auditing/testing. Additionally, any transfers that occur before 1st January 2021 will constitute tasks and the same will apply. Anything after this date will require full parallel testing/auditing. Under the group of notified bodies (GNB) transfer guidance, there is the possibility of cooperation with the current issuing notified body of a customer. This would involve a desktop review of all Initial visit reports, FPC, CoCP and testing. It would then be at BASEC’s discretion of how to validate this information, as it cannot simply be “taken as read”. It would be BASEC’s intention to review all documentation including CoCP and test reports for alignment with CPR requirements. Upon successful review BASEC would then establish a test programme, on a risk basis, as to how many tests would be required to verify alignment between the testing of the issuing NB and BASEC. Successful completion of this process would lead to certificate transfer. At this stage, all system 3 documentation remains valid as previously communicated. BASEC will continue to offer classification reports for existing customers for UKCA system 3, but may wish to retest, dependent on the age of the original test. In summary Key takeaways for you to assess your next steps include: As of January 1st, 2021, BASEC will become a UK approved body and no longer an EU27 NB BASEC Conformity Limited (BCL) NB 2851 will offer System 1+ CPR AVCP as an EU27 notified body BASEC UK will offer UKCA System 1+ and System 3 There is a 12-month transition period where CE marked product will still be allowed into the UK All work carried out by BASEC prior to 31st December 2020 is allowed to be used as technical information to validate UKCA marking This will include any transfers prior to 31st December 2020 Post 1st January 2021 all UKCA work will require new testing/auditing Post 1st January 2021, BASEC/BCL’s service offering will allow 1 set of auditing/testing to satisfy both UKCA (System 1+ and System 3) AND CE (System 1+ ONLY) marking obligations For any further information on the transition to UKCA marking, please contact Mark Froggatt mark.froggatt@basec.org.uk
The European Commission has announced the winners of the second edition of Horizon Impact Award, a prize dedicated to EU-funded projects that have created societal impact across Europe and beyond. The winning projects have helped to reduce the CO2 footprint of numerous leading airlines, developed the first transparent display that several companies have already put on the market, improved the quality of life for children with heart failure, used innovative technology to preserve threatened species in the Southern Ocean and conserved European heritage by digitally translating historical handwritten documents. Mariya Gabriel, Commissioner for Innovation, Research, Culture, Education and Youth, said: European research and innovation programmes fund the best ideas to advance science and generate knowledge but also to translate these results into concrete benefits for society. The Horizon Impact Award serves to demonstrate how successful uptake of research results can create impact in every corner of our society. I am delighted to see that there are many great examples of how research and innovation directly benefits citizens. In many different ways, their ideas and products have changed people’s daily lives for the better. The winners were announced at the European Research and Innovation Days in Brussels. An independent jury selected the winning projects from 10 finalists. Each of the winners will receive €10,000: CARING (France), produced an ‘eco-software’ SkyBreathe®, which analyses millions of flights every year and identifies best practices to save fuel. The software has been deployed in every continent, with clients including Air France, CEBU Pacific, Flydubai, to name a few. The deployment in lower middle-income countries provides a means to reduce their CO2 footprint that contributes to global warming. Overall this technology has already helped 40 airlines to save $US150 million (€178 million) and 590 000 tons of CO2 and continues so on a daily basis thus creating an economic, environmental and societal benefit and supporting the aims of the European Green Deal. Read more INVISIBLE (Portugal), generated a new technological field, where the results of this project have endless applications in a wide range of industries. Manufactured in Europe and working with SAMSUNG, the project INVISIBLE has developed the first transparent display that is commercialised by several companies. This fundamental research lead to other innovative developments in other multi-billion-dollar industries such as ink-jet printing and smart medical diagnostics. Being the European pioneer in the field, INVISIBLE is an example of truly global scientific leadership. Read more MACH (Germany), developed a mobile driving unit EXCOR®Active that provides mobility and independence to children with end-stage heart failure pending heart transplant operations. The driving unit for blood pumps is smaller, lighter and portable and allows children and their families to be mobile, eliminating time spent in the hospitals. The machine is already on the European market and benefitting little patients in Germany. The project created impact not only for the children, but also for healthcare workers as the device is lighter and easier to manage. Read more OCEAN SENTINEL (France), creates environmental and a policy impact by preserving the most threatened marine species including albatrosses, sharks, sea turtles, thus protecting the ecosystem. The project comprises an innovative technology to detect illegal fishing activity and gathers information for authorities, regional fishing and conservation agreements and non-governmental organization that are fighting to preserve the ocean and its inhabitants. The results have not only been taken up and used, but serve as a basis for discussions in international fishing and conservation agreements. Read more TRANSKRIBUS (Austria), uses artificial intelligence (AI) to access and analyse historical documents and archives, as a result contributes to the preservation of European heritage. TRANKSRIBUS technology merges the humanities with AI to pioneer a platform that enables immediate translation of historical handwritten documents. The National Archives of Finland, Italy and the Netherlands have now started to integrate it into their daily services. The technology is free and accessible not only to computer scientists, but also to researchers and scholars so making an impact in history and other relevant social sciences. Read more In addition, the European Commission takes this occasion to award one winner from the 2019 edition of the Horizon Impact Award, which was not possible at the time. FRESH-DEMO (The Netherlands) developed an energy-efficient humidification systems called the Dry-Mist technology. By prolonging product shelf life while avoiding unnecessary plastic packaging, this technology serves as a sustainable approach and a clever solution to the worldwide food waste and extensive use of plastic packaging in the food supply chain. Read more Background This Horizon Impact Award, launched in February this year, aims to illustrate the wider socio-economic benefits of EU investment in research and innovation and to encourage project beneficiaries on how best to manage and utilise research results. The prize acknowledges and rewards the most influential and impactful project results under Horizon 2020, the current EU research and innovation programme (2013-20), and its predecessor, the 7th Framework programme (FP7, 2007-13). The European Research and Innovation Days provide an opportunity for decision-makers, industry, finance, academia and businesses to debate and shape the future EU research and innovation landscape and to discuss the strategic priorities of Horizon Europe, the next EU research and innovation programme (2021-27).
The Scottish home building industry today called on the Scottish Government to issue a clear statement of intent on the need to deliver 25,000 new homes of all tenures each year and to mandate public agencies to work in partnership with developers across sectors to achieve this. According to trade body Homes for Scotland (HFS), this would generate greater investment confidence, helping to boost the wider economy as well as providing much needed homes across the country. The call is part of a package of measures submitted to the Scottish Government to ensure the longer-term sustainability of the home building sector as it strives to recover from the impact of the Coronavirus. HFS Chief Executive Nicola Barclay said: “As the First Minister acknowledged during her Programme for Government announcement, investment in housing will make a crucial contribution to Scotland’s recovery. “A number of notable steps have already been taken to assist in ongoing housing delivery (such as the lifeline £100m emergency liquidity fund for SME home builders), but further longer-term action is required if we are to ensure we can provide the homes of all tenures that Scotland needs, with all the wide-ranging benefits this brings in terms of employment, social outcomes and economic growth. “Whilst builders may have returned to work, it is far from business as usual. Regardless of whether the properties being built are for private sale or social rent, required Covid-related measures (such as social distancing and hygiene controls) mean that fewer operatives can be on site at any one time. This in turn means that the construction of much needed homes of all tenures is taking longer and costing more. “This compounds the significant upfront expenditure incurred by developers to acquire land and complete construction, with cost recovery very often only achieved when the last properties are occupied. “Our members are doing all they can to meet pent-up demand whilst market conditions remain stable, but this is against a backdrop of never before seen levels of uncertainty for both businesses and individuals. That is why our calls are set out across the immediate and medium to longer term, encompassing private and social housing.” Barclay added: “Given its fundamental importance and strong multiplier effect, housing can be the springboard for a Scotland-wide recovery. “With the appropriate Scottish Government support, we can minimise the effects of the Coronavirus on housing delivery, SME builders, jobs and the economy. “As the First Minister herself has said, we now have an opportunity to address many of the deep-seated challenges our country faces. Let’s make getting housing sorted once and for all our top priority.”
Martin Riley FIQ, senior vice-president of Tarmac, has been appointed the 69th President of the Institute of Quarrying (IQ), taking over from previous president Phil Redmond FIQ. The new President was officially confirmed at the Institute’s AGM, which took place via videoconference on 22nd September 2020. Martin says: “I’ve been involved in the aggregates industry all my working life. I have been a proud member of the Institute of Quarrying for almost four decades. It is a fantastic opportunity to represent IQ at such a critical time for both the industry and our members, as we enter a post-pandemic economy. “As a proud former industry apprentice, for me, one of the key motivational factors for taking on the role of IQ President is the opportunity to ‘make a real difference’ within the field of education, training and professional development. I hope to use my position to better engage with younger members and attract potential ones by raising awareness about the rewards of working in the quarrying and mineral extractives sector and breaking through the misconceptions that jobs are mainly for men. “The growth of IQ in the past few years has been impressive and shows how important the industry considers education, training and professional competence. So, it is a huge honour to be the new IQ President and I am more excited than ever to be playing my part in the Institute’s ongoing development and look forward to championing the needs of the sector at every opportunity.” With more than 35 years’ experience in the quarrying and construction materials sectors, and a proud member of IQ since the 1980s, Martin is widely recognised within the industry and brings significant extensive knowledge and operational leadership experience to the IQ Board of Trustees, having served as the Institute’s chairman from 2018 until September this year. Martin ‘takes over the chains’ from outgoing president, Phil Redmond FIQ. He says: “Holding the honour of President of the Institute of Quarrying has been the highlight of my career in the industry. I can’t believe how quickly the time has flown. “To be able to hand the chains of office and the Presidency over to Martin Riley is such a great thing for me; he has been a solid support to me for many years and I am very grateful. His experience and standing in the industry are unrivalled and I can’t think of a more fitting person to hold the office of President of the Institute of Quarrying. Congratulations Martin, I wish you the best of luck.” James Thorne, Chief Executive Officer, IQ, adds: “It’s a pleasure to have Martin on board as the new President of the Institute of Quarrying. He is no stranger within the industry with many years’ of experience and is highly respected by those working in it. He is passionate about the mineral extractives sector and a highly driven individual. Already he is enthused with many exciting and innovative ideas so I am sure he will leave his mark during his two-year tenure.” The role of President follows two years’ service as deputy chair and then Chair of the Board. The role is visible leader of the organisation for both the members and the external world. Representing and promoting the work of the IQ both in the UK and working in partnership with the Presidents from the affiliated Institutes on the international stage. The AGM also confirmed the appointment of Viv Russell FIQ, Managing Director of Longcliffe Quarries Ltd as its Chairman and Ben Williams FIQ, Directeur de la Zone Europe Nord at EPC Groupe as Deputy Chairman. IQ also welcomed two new trustees to the Board: Dave Bagshaw FIQ, recently retired Managing Director of Midland Quarry Products and Ruth Allington MIQ, Principal at Allington Collaborative Problem Solving Ltd.
Regional contractor G F Tomlinson has completed construction works on five new industrial units at Ashroyd Business Park, Barnsley. Constructed on plots 4 and 5 of the business park, the units have been speculatively built for developer Network Space, to meet a shortage of industrial space in the Sheffield City Region, in partnership with Sheffield City Region Local Enterprise Partnership and Barnsley Metropolitan Borough Council. The established business park, which is located adjacent to the Dearne Valley Parkway close to junction 36 of the M1, already houses a range of businesses in its current units, including self-storage and car part companies, and window, door and shower enclosure manufacturers. “We are pleased to be able to hand the site over now that construction works are complete and the units are a welcome addition to the local area and its economy, providing plenty of opportunity for prospective tenants – especially small to medium enterprises that are looking for an ideally situated, accessible base for operations,” said Andy Sewards, managing director at G F Tomlinson. “It’s been a great opportunity to work with Network Space, a highly regarded developer in the region and we have built a good relationship with the company which we look forward to continuing in the future.” Units that G F Tomlinson has recently completed comprise one single 52,871 sq. ft unit on Plot 4B, which is suitable for use as an industrial or distribution unit, as well as four smaller units on Plot 5 ranging from 11,049 sq. ft to 21,882 sq. ft, which will be used as trade counters, storage, industrial and smaller business units. “Good quality industrial space is in very short supply. The range of space at Ashroyd Business Park has been designed to meet significant occupier demand from smaller and medium sized occupiers and we are receiving a high level of enquiries,” commented Simon Peters, development director of Network Space. “Thankfully, we have been able to offer virtual video tours, as well as socially distanced visits as lockdown has eased. Now that the units are complete, we are seeing increased interest, particularly due to the flexibility of the space, prime location and great transport links.” Cllr Tim Cheetham, cabinet spokesperson for regeneration and culture at Barnsley Council, also commented: “We are delighted to be assisting Network Space with such a high-quality development in a first-class location in Barnsley. This is great news for the borough, providing further opportunities to boost our local jobs market and Barnsley’s economy.” “Our award-winning Enterprising Barnsley business centre team, which offers free guidance on access to finance, recruitment and training, as well as business growth coaching, has supported the development and we look forward to supporting future businesses that move into the units.” The scheme was delivered with investment from the Sheffield City Region JESSICA Fund and support from Barnsley Metropolitan Borough Council, and is expected to bring more than 140 jobs to the local region.
Prydis and Intercontinental Hotels Group (IHG) have sealed a deal to turn a former House of Fraser outlet In Exeter into a new Hotel Indigo. Prydis announced its acquisition of the 70,000 sq ft city centre building, which overlooks Exeter Cathedral, earlier this year. “Exeter has the perfect mix of heritage and innovation. We want to raise the profile and set the standard for the region. Hotel Indigo is without a doubt the perfect brand for this iconic building. We are looking beyond the pandemic and can see a future of conversational commerce, shoppertainment and customer experience as king. A Hotel Indigo flagship development in the heart of the city is the crown to help us achieve our vision,” said Joe Priday, managing director of Prydis. “The layout of the site is being constructed with a clear purpose. The design will reflect the changing needs of the retailer, the high street and the consumer. We are providing something that does not yet exist in the city and a beacon for the region that will become a hive of activity,” Joe continued. “We are excited to bring Hotel Indigo to Exeter. Boutique hotels are as popular as ever in the UK, with guests looking to stay in something unique when they travel. Just as no two neighbourhoods are alike, no two Hotel Indigo properties are designed alike – each is inspired by its unique neighbourhood story yet marries the certainty of quality and comfort with local style and flavour – making it the perfect brand choice for Exeter. The redevelopment has been planned to make the most of the beauty of the nearby cathedral, the city centre and the surrounding area,” Anna Corkill, director of development in the UK and Ireland for IHG, added.
As many baby boomers begin to prepare themselves for retirement, one of the most common things they are now considering is seeking equity release advice to give themselves a nice retirement package. Now is quite comfortably the right time to strike, as, despite the housing market going into lockdown this year alongside the rest of the economy, over-65s saw their property wealth increase by more than £6,000 each on average in the past year. Indeed, the total property wealth owned by over-65s who have paid off mortgages is currently valued at a staggering £1.124 trillion according to Key’s Pensioner Property Equity Index. There are certainly regional considerations here, with many of the bigger gains coming in London (almost £26,000 better off over the last year) as opposed to the South East (gains of just £7,600). In the West Midlands, meanwhile, there was actually an average decrease of around £235 in value. Still, generally speaking, house prices are currently at an all-time high and with COVID and the fallout of a no-deal Brexit on the horizon, that could all change very soon indeed. So, is now the right time for baby boomers to start thinking seriously about equity release? It is, after all, the most logical way for older homeowners to not only pay off their debts but give themselves a nest egg that they can use to fund a truly decadent retirement. Will Hale, CEO at Key said: “The property market has suffered along with the rest of the economy during the coronavirus crisis and effectively shut down for months. Coupled with the ongoing political and economic uncertainty of the past few years, it has gone through a turbulent time. However, property values seem to have remained relatively buoyant and with the current stamp duty exemption, we are likely to see continued interest from buyers.” There are quite literally millions of over-65s who have repaid their mortgages and are sitting on considerable unencumbered property wealth but might find that their retirement pots are not quite as heavy as they had hoped for. For these people, they might be inspired to learn that the estimated property equity in these homes is as high as £212.119 billion in the South East alone and a total of £1.124 trillion in the whole of Great Britain. In such an environment, Hale believes: “It is vital to get specialist advice and consider all assets when it comes to planning your finances through retirement as making smart choices can significantly improve your standard of living throughout later life.” The equity release market might have seen a slowdown as people take their time to decide how best to use their wealth in retirement and negotiate this terrible virus. However, the number of customers looking to explore their options remains high and equity release remains a decidedly flexible and lucrative option.
