Retirement Bridge Group has appointed Steve Groves as Chairman to enhance its management and growth potential in the UK equity release market.

Information on the Target

Retirement Bridge Group is a leading organization specializing in the origination, consolidation, and servicing of home reversion equity release plans in the UK. With a team of approximately 20 professionals, the company manages over 5,000 home reversion plans, having built a strong portfolio recognized under its Bridgewater Equity Release brand. Formerly a division of Grainger plc, Retirement Bridge Group was acquired in May 2016 as part of a 50:50 joint venture between Patron Capital and Epiris, enhancing its strategic position in the evolving equity release market.

Industry Overview in the UK

The equity release industry in the UK has experienced significant growth in recent years, driven predominantly by an aging population seeking to access the value locked in their homes. Homeowners aged 55 and over represent a substantial portion of the property market, with many looking for financial solutions in retirement. The shift towards equity release solutions, including home reversion plans, is being supported by changing attitudes towards retirement and increasing awareness of available options.

Regulatory frameworks established by the Financial Conduct Authority have provided a safer landscape for consumers, thereby enhancing trust in equity release products. Recent data indicates that the total value of equity rele