How to help your children buy a property and beat the taxman
A fifth of equity release plans are used to help family members
Source: telegraph.co.uk
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The Best Lifetime Mortgage Rates January 2022
Statistics recently released by the Equity Release Council announcing fourth quarter and full year figures highlight the popularity of Equity Release products. During 2021, 76,154 customers took out new plans, made use of existing drawdown reserves or agreed extensions to existing plans.
Source: moneyfacts.co.uk
'I'd sell the family silver before using equity release'
Pensioners are being trapped by costly equity release loans
Source: telegraph.co.uk
Equity release activity up 24% year-on-year to £4.8bn
The Equity Release Council has revealed its Q4 and full-year lending figures for 2021 showing that activity in the market climbed 24% year-on-year to £4.8bn.
Source: professionaladviser.com
Equity release hit new high in 2021 as over-55s battled cost of living crisis
A total of £4.8bn was borrowed in equity release mortgages in 2021, an increase of 24% compared to 2020.
Source: thisismoney.co.uk