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 ...
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 ...
There are two main types of equity release scheme available: lifetime mortgages and home reversion plans. To qualify for ...
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 ...
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 ...
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, ...