Homeowners urged to ‘use equity release for the right reasons’
A mortgage expert is urging over-55s considering equity release as a way of managing finances during the cost-of-living crisis to ...
Tag: lifetime mortgage
Lifetime mortgage rates rise following equity release boom
Interest rates on lifetime mortgages are on the rise meaning homeowners releasing equity on their homes this year will be ...
Equity release: Fierce competition pushes down rates
Homeowners releasing equity from their homes are currently benefiting from historically low rates and rapidly-increasing product choice.
Demand for equity release soars in 2018
Equity release was the fastest growing sector of the mortgage market in 2018 and is increasingly becoming an important part ...
Property wealth tops pension savings for retirees
Retirees have almost five times more money in their home than their pension, which could lead to many using property ...
New mortgage offers flexible lending options for retirees
A new equity release mortgage has been launched today which has marked itself apart because it offers a variety of ...
Advice for retirees using equity release to ‘bridge’ pension gap
More people would rather bridge the shortfall in their pension by releasing equity from their home than by saving money ...
Women turn to lifetime mortgages to subsidise pension shortfall
Single women are increasingly taking out lifetime mortgages with the proportion of female customers in this market rising by 50% ...
Rise in over-55s upsizing is driving new trend in lifetime mortgages
Purchasing a new property is one of the most common reasons for retirees to take out a home loan, with ...
Nationwide is first major lender to offer an equity release lifetime mortgage
Nationwide is entering the equity release space with the launch of a Lifetime Mortgage product for borrowers aged between 55 ...
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