Older interest-only mortgage borrowers may struggle to refinance
Interest-only (IO) mortgage borrowers aged 45 plus are being warned they may face difficulties when remortgaging.
Tag: equity release
Equity Release market pushes through £3 Billion in 2017
Retired homeowners cashed in more than £3 billion of property wealth last year as the equity release market expanded at ...
Could your home hold the key to funding your retirement?
Equity release has grown in popularity recently as a financial solution for those approaching retirement, offering older homeowners the opportunity ...
Rise in homeowners selling up to pay off interest-only mortgages
A new study has revealed that homeowners are increasingly being forced to sell their homes to pay off interest-only mortgages ...
Bank of Grandad more generous than Gran when it comes to gifts
Retired men are more likely to buy gifts for their families than women when it comes to turning property wealth ...
Equity release lending hits 10-year high
Annual equity release lending surged ahead in the first six months of the year to its highest level for over ...
One third of retired homeowners use home wealth for holidays
Retired homeowners are tapping into their property wealth to pay for holidays and holiday homes, according to analysis from over ...
Surge in use of equity release to fund holidays
Retired homeowners are increasingly using equity release to fund holidays abroad, new figures show. According to Retirement Advantage, equity release ...
Bank of Gran and Grandad pays out £39,350 on average
New research has revealed that one in five retired homeowners are using equity release to provide financial support for their ...
Retirees worried about savings spending less than £20 a week since pension reforms
Since the pension reforms last year more and more retirees are worried about their savings, with many spending less than ...
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