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A reader wants to treat themselves and their loved one while they still are around, but as cheaply as possible ...
Global equity release — including reverse mortgages — could be in for pronounced growth over the next 10 years, according to ...
Industry data shows new lifetime mortgages up 11% in a year, but experts warn of the downsides. Is it worth unlocking cash from your home?
Mortgage advisers may need a qualification to give enhanced advice to borrowers and to have equity release advisory ...
The UK's largest equity release broker, Age Partnership, has pledged to look at all existing equity release loans to see whether borrowers can be switched to a better deal. 97 comments ...
Equity release loans, also known as lifetime mortgages and home reversion plans, allow homeowners to get a tax-free loan worth up to 60 per cent of their home's value, ...
Equity release, also known as a lifetime mortgage, is when a homeowner or couple aged 55 or over take out a loan comprising up to 60 per cent of the value of their home. ...
Responsible Equity Release, providers of the Telegraph Media Group Equity Release Service, cap their equity release advice fees at £1,690 instead of charging a percentage of the completed loan.
Equity release can impact any means-tested benefits you are entitled to - for example, pension credit and reduced council tax - for example, if you take a lump sum. If you decide to move, your ...
Equity release is a way to tap into your home equity — the value of your home minus any money still owed on your mortgage. For example, if you owe $300,000 on your mortgage for a property valued ...
To be eligible for equity release you must:. Be at least 55; Own a home in the UK and it must be your main residence; Have to meet a minimum property value - usually it's £75,000.