LONDON (Reuters) - A scheme that allows pensioners to buy a lifetime lease for a property was launched on Tuesday as an alternative to traditional equity release products. Homewise, a retirement ...
Analysis: Statistics show equity release is becoming more popular, but is it the right answer for property owners with inadequate pension provision? The decision to put money into property as opposed ...
The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. This is according to a report compiled by ...
Norwich Union says equity release is becoming more popular with the younger generation. A survey of more than 1,600 people aged 50-66 commissioned by the company found that people approaching ...
Daily Mail journalists select and curate the products that feature on our site. If you make a purchase via links on this page we will earn commission - learn more Equity release allows older ...
It’s one of those questions I seem to be contacted about all the time…. “Dear Martin, the wife/husband and I are getting on a bit, and we want to get some money out of our house, can you suggest a ...
Equity release — a class of financial products that involve unlocking home equity and converting it into cash flow — currently has global annual volume of roughly $17 billion. This class includes ...
A growing number of older homeowners are taking out equity release products as mortgage rates and living costs climb. Cost of living: will fall in energy price cap make a difference? The mortgage ...