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L&G Home Finance backs ERC guide – Mortgage Strategy - Vimarsana News

L&G Home Finance backs ERC guide – Mortgage Strategy

Legal & General Home Finance is supporting the key elements of the Equity Release Council’s (ERC) recently launched post-completion communications guide – a set of standards for continuing to communicate with equity release customers over the course of their life. Legal & General Home Finance chief executive

Can you pay off the interest on an equity release loan as you go? - Vimarsana News

Can you pay off the interest on an equity release loan as you go?

In recent years, new innovations in equity release products have given more control to borrowers, offering them more peace of mind when releasing the cash tied up in their properties.

Property equity value falls by £8bn for homeowners - Vimarsana News

Property equity value falls by £8bn for homeowners

The amount of money in equity available to homeowners fell to £616bn in the first quarter of the year, from £624bn in the last quarter of 2022.

Mortgage holders turn to equity-release loans to escape vulture funds - Vimarsana News

Mortgage holders turn to equity-release loans to escape vulture funds

A high amount of mortgage customers are turning to an equity release provider to pay off mortgage accounts with so-called vulture funds.  Spry Finance says...

Equity release market poised for new entrants, peak body - Vimarsana News

Equity release market poised for new entrants, peak body

Industry growth could better serve older Australians