Equity release
Over-50s using equity release to future-proof their homes
The amount of money spent by homeowners on home improvements after releasing equity in their property has gone up by...
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A more “joined up” approach to advice is needed for older borrowers, says CML
The Council of Mortgage Lenders is calling for a more “joined up” approach to advice for older borrowers and to narrow...
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Bank of Mum and Dad could fund nearly 450,000 onto the property ladder in 2017
The Bank of Mum and Dad has the potential to help nearly 450,000 individuals onto the property ladder this year...
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Would-be downsizers are switching to equity release
New research from Bower Retirement shows that nearly one in five would-be downsizers change their minds and decide to release...
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Amount owed on interest-only mortgages shrinks as borrowers find new payment strategies
Interest-only mortgages worth £16 billion are due to mature this year, with over £50 billion worth of capital due to...
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Mortgage debt for the over-65s set to double by 2030
New research has revealed that mortgage debt for the over-65s is set to double by over £19 billion in the...
Read moreDetailsEquity release lending highest since records began
It was a bumper first quarter for the equity release sector, with record annual growth in new customers and total...
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FCA launches investigation into interest-only mortgages
The Financial Conduct Authority has confirmed that it will look at how firms are treating borrowers whose interest-only mortgages are...
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Equity release rates plummet to record lows
The average fixed rate for equity release deals has plummeted in the past year, new research has revealed. According to...
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Property wealth for over-65s hits new high
Retired homeowners have earned £1,700 from their houses in the past three months as their property wealth hit a record...
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