‘Last-time buyers’ struggling to downsize
Potential ‘downsizers’ are struggling to move because of a lack of suitable homes and futile financial gains.
Tag: Key Retirement
Property wealth of the over-65s races past £1.1 trillion
Retired homeowners saw their properties gain £7,900 in value on average last year, taking overall property wealth among the over-65s ...
Equity release customers could save up to £70,000 as costs plummet
Equity release customers are saving up to, or in excess of, £70,000 in interest compared to five years ago, as ...
Retired homeowners withdrew £1.25 billion of property wealth in first half of 2017
Retired homeowners earned £1.25 billion in property wealth during the first half of 2017 - a new record high for ...
Equity release lending surges to record high
Equity release lending broke the £2 billion barrier for the first time in 2016, marking a landmark year for the ...
Property wealth for retired homeowners increases £26,000
Retired homeowners have gained an average of £26,000 tax-free this year from their houses, new analysis from over-55s financial specialist ...
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 surges by 35%
Equity release lending grew by 35% in the third quarter compared with the same period last year, suggesting the market ...
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 ...
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