Equity release rates fall to record low
Interest rates on equity release have plunged this summer so that more than half the products now offer a rate ...
Tag: downsizing
Raising funds through a drawdown lifetime mortgage
For anyone looking to raise funds in later life downsizing isn’t the only option – it can also ‘pay to ...
Could your home form part of your pension pot?
Growing numbers of homeowners are approaching retirement with paltry savings and meagre pensions, leaving them asset rich but cash poor. ...
Calls for stamp duty break for downsizers to ‘free up homes’
Downsizers should be exempt from stamp duty in order to increase liquidity in the housing market and free up housing ...
How parents are funding the Bank of Mum and Dad
Cash savings are the main source of funding for parents using the Bank of Mum and Dad to help their ...
Helping ‘last-time buyers’ to downsize will ease housing crisis
Solutions must be found for ‘last time buyers’ not just ‘first-time buyers’ if the UK’s housing crisis is to be ...
Stamp duty abolition an incentive for downsizing
Thousands of homeowners aged over 65 admitted they would be more likely to move if stamp duty was abolished for ...
Bank of Mum and Dad extends its remit
Second steppers are increasingly relying on a financial boost from family and friends in order to make their next home ...
‘Last-time buyers’ struggling to downsize
Potential ‘downsizers’ are struggling to move because of a lack of suitable homes and futile financial gains.
Shortage of suitable homes and stamp duty are deterring over-55s from downsizing
Worries about a shortage of homes suitable for retirement, fees and high property prices are the major reasons deterring some ...
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