While total plan numbers were lower this quarter, customers released larger sums on average. This reflects measured, advice-led financial planning as older homeowners use housing wealth to manage household budgets, support family members, and plan for future needs in a challenging economic environment.

Adviser feedback gathered through the Council’s quarterly survey paints a picture of a confident yet cautious customer base. Some customers have deferred decisions with three-quarters of advisers* reporting that this is due to waiting for rate stability. Those proceeding are prioritising clearing mortgages or managing debt within longer-term financial plans.

Overall, sentiment across the advice community remains positive. The data highlights a mature, stable market where borrowers are acting responsibly and with confidence in long-term property values.