Equity Release

retired-couple

Rise in retirees using equity release for long term care

The number of retirees turning to equity release to fund their long term care needs has soared since the start of the financial crisis.

Retirement | 14 Jun 2013
private-equity-growth-web

Rise in over-50s turning to equity release to fund debts

Increasing numbers of over 50s are using equity release products to pay off outstanding mortgages and unsecured debts, according to a new report.

Equity Release | 10 Jun 2013
Map of Scotland

Scotland sees 39% spike in equity release borrowing

Total equity release lending to Scottish homeowners rose by 39% in 2012 compared to the previous year.

Mortgages | 30 Jan 2013
rp-equityrelease

Equity release market to exceed £1bn

The equity release market could exceed £1 billion this year after the third quarter saw plan sales and lending rise by 11%.

Equity Release | 13 Nov 2012
thistle

Rain blamed for Scottish house price slump

House prices in Scotland took their steepest monthly fall since the start of 2009, with wet weather being blamed for the slump in the market.

Mortgages | 17 Oct 2012
rp-equityrelease

Pensioners gain £13 billion on property value

Retired homeowners gained a total of £13.66 billion on their property value in the past three months, research has found.

Equity Release | 29 Aug 2012
elderly

Loans for the elderly: Govt to outline residential care plans

The government is to announce details of a deferred payment scheme for residential care for the elderly, which will allow councils to lend individuals money to pay for care, then recoup the money when their house is sold after their death.

Insurance | 11 Jul 2012
house54

Top tips for equity release

10 hints and tips for older homeowners looking to free up wealth tied in property

Equity Release | 01 Jun 2012
Concept image of yellow smiley face balls

Housing market optimism on the up

Britons are becoming increasingly confident in the outlook for the housing market, according to the latest Halifax housing market confidence tracker.

Buying Process | 01 Jun 2012

Equity release sales rise 10% year-on-year

Equity release advances of £199.1m were made by Safe Home Income Plan members in Q1 of 2012, an increase of 10% on the same period last year at £181.6m.

Equity Release | 01 Jun 2012
pensioners

Mortgage launched for over 65s

Legal & General and Buckinghamshire Building Society have launched a retirement mortgage for asset-rich over 65s, the only one of its kind in the market.

Remortgage | 01 Jun 2012
long-term-care1

41% of over 45s would use property to fund care

Annuity provider Partnership, has found that almost 41% of consumers aged 45-85 say that they would need to fund long-term residential care by renting or selling their property.

Retirement | 01 Jun 2012
erc-logo-rgb

Equity release set to become mainstream product

Research carried out by retirement specialist reveal that 80% of advisers new to the equity release market believe equity release will be considered a mainstream financial product in the next few years.

Retirement | 01 Jun 2012
A loyal dog

Staying loyal to one bank or building society doesn't always pay

Consumer loyalty could be costing some an excess of £780 a year, compared to those who look around.

Savings | 01 Jun 2012

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