'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
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For those waiting for NHS treatment, taking equity from their home is an increasingly attractive option
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?
Number of families paying off loans early increases amid rising interest rates
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.
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