If you fall into the band where inheritance tax (IHT) is a consideration, equity release could help minimise your potential ...
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 ...
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 ...
Equity release is one of the most significant financial decisions a property owner can make. It affects not only your home, but your long-term security, future planning, and often your family.
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 ...
More homeowners than ever are using equity release to pass some of the almost £4 trillion over 55s hold in property wealth onto the next generation, according to new research. Equity release allows ...
Almost one in five (19 per cent) people who used equity release did so to gift money to family members, research from Canada ...
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, ...
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 ...
Despite strong exposure in the media during 2007, there still appears to be some basic misunderstandings of equity release products, and in particular a perception that they will destroy equity value.
A couple express concerns about having enough money to fund ill health in later life - and are seeking solutions ...