A growing number of older homeowners are taking out equity release products as mortgage rates and living costs climb. Cost of living: will fall in energy price cap make a difference? The mortgage ...
If you want to release equity from your property, you may be able to do it by remortgaging. One of the main reasons people remortgage is to cut the cost of their mortgage repayments. However, ...
Daily Mail journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission - learn more Equity release allows older ...
Equity release rates are starting to drop from their record highs, giving older homeowners more options if they are looking to release cash locked up in their property. The appeal of equity release ...
Equity release — a class of financial products that involve unlocking home equity and converting it into cash flow — currently has global annual volume of roughly $17 billion. This class includes ...
Paul has long worked in financial services research, currently specialising in pensions and retirement planning. Nearly half of those aged over 50 are still paying off debts, according to new research ...
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We are retired and in our early seventies and the income from our modest pensions isn’t going as far as we had hoped. We own our home worth about £550,000 mortgage-free and wonder whether equity ...
A drawdown lifetime mortgage is a type of equity release loan secured against your home, available to UK homeowners aged 55 and over. It allows you to unlock tax-free cash while continuing to live in ...
Homeowners extracted 32% more wealth from their properties in the first three months of 2025 than they did last year, according to new figures, with experts suggesting they are trying to avoid looming ...
A record 13,452 new equity release plans were taken out by homeowners in the United Kingdom aged 55 and above between July and September 2022 according to new data from the Equity Release Council (ERC ...
As you head into your later years, there are plenty of reasons why you might want to tap into some of the equity that has built up in your home. Perhaps you need to carry out some home renovations, or ...
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