Lifetime mortgage v equity release: Are they different?
What does the term lifetime mortgage mean and could it be an alternative to remortgaging? It's something one of readers ...
Tag: over-55s
Cost-of-living crisis: A third of over-55s face mortgage repayment struggles
Nearly a third of borrowers aged over 55 fear the cost-of-living crisis will hinder their ability to repay their mortgage, ...
Can equity release bridge the income gap in retirement?
Many over-55s would struggle to find £5,000 to meet an unexpected cost such as a boiler breakdown as they struggle ...
Is lack of understanding creating a barrier to equity release?
More than half of homeowners aged 55 plus had no idea the cash lump sum they received from releasing equity ...
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 ...
Money worries cause baby boomers to turn to equity release
More over 55s are turning to equity release as a way of funding their retirement because of concerns over the ...
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