Equity Release News
- news related to equity release
The news on this page relates to equity release. It is sourced from reputable online news websites and hand picked for your interest.
£1,000bn
that should be kept at home
Published: February 26, 2006 (observer.guardian.co.uk)
About 30,000 households are expected to go in for an equity release
deal this year - hardly surprising since the 65-plus age group has £1,000bn
of unmortgaged value tied up in its homes, according to the Council
of Mortgage Lenders.
Take
note and unlock value of your home
Published: 11 Feb 2006 (business.scotsman.com)
MANY elderly homeowners find themselves in a dilemma; their major asset
is their bricks and mortar, but they cannot benefit from its rising
value in retirement. This is particularly worrying as income becomes
more restricted.