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A stellar year for Moneyfacts Equity Release Star Ratings 2024

Equity release borrowers cautious in higher rate environment – Mortgage Strategy

Last year, 26,119 customers took out new equity release plans, with drawdown plans restored as the majority preference. Across 2023, there was total lending of £2.6bn, returning the market to the level of activity last seen between 2016 to 2017 (£2.1bn to £3.1bn). This is according to  newly-published full year

'Dad was in debt, ashamed. He did equity release in secret – it cost us our inheritance'

Equity release, where people take cash from the value of their homes, has boomed in recent years. But what seems a simple financial product can turn families upside down when the loans are taken out in secret.

'Dad was in debt, ashamed. He took out equity release in secret – it cost us our inheritance'

What seems a simple financial product can turn families upside down

6 things you need to know before using equity release

Lifetime mortgages are set to increase in popularity this year, but there are risks you need to consider before taking one out

The Later Life Lending Event 2024 is just around the corner

'Significant progress' made on advice standards

Equity release rates cut as lenders improve offers

Royal London acquires later life lender Responsible Group

Royal London has wholly acquired later life lender Responsible Group after initially holding a 40% stake in the business.

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