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Top News In Equity Release Today - Breaking & Trending Today

'Left in agony by the NHS, I was forced to sell a chunk of my home' - Vimarsana News

'Left in agony by the NHS, I was forced to sell a chunk of my home'

For those waiting for NHS treatment, taking equity from their home is an increasingly attractive option

Equity release v downsizing – which is best? - Vimarsana News

Equity release v downsizing – which is best?

Equity release products are on the rise following a slowdown at the end of 2022. Should you consider one, or is downsizing a better way to hold on to your money?

Older homeowners fear surging interest rates could destroy inheritance nest egg - Vimarsana News

Older homeowners fear surging interest rates could destroy inheritance nest egg

Number of families paying off loans early increases amid rising interest rates

Equity release customers choose to spend the money on home improvements - Vimarsana News

Equity release customers choose to spend the money on home improvements

Over a third of equity release customers (39 per cent) have used the money released from their homes to improve the property, spending £11,100 on average.

Households make record overpayments in 2022: Equity Release Council   – Mortgage Strategy - Vimarsana News

Households make record overpayments in 2022: Equity Release Council   – Mortgage Strategy

UK households made “an unprecedented” £23.3bn of mortgage overpayments last year, or £64m per day, as mortgage rates spiked in the wake of the mini-Budget, says the Equity Release Council.   The September fiscal statement “prompted those able to do so to make lump sum payments and reduce their loan sizes to limit