'Aviva hiked my parents' equity release fee from £2,000 to £12,000 overnight'
Homeowners are increasingly turning to equity release – but such deals can be risky
Source: telegraph.co.uk
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Cost of equity release rises £20,000 in a week
Borrowers face sky-high increases in loan costs as equity release lenders drive up rates
Source: telegraph.co.uk
The little-known equity release terms that could cost borrowers an extra £20,000
Some providers' clauses could mean borrowers are hit by higher penalties
Source: telegraph.co.uk
Can equity release help older homeowners cope with cost of living crisis?
Canada Life has found that in the first half of 2022 19.6% of equity release plans taken out were for day-to- day living costs, up from 18.2 per cent in 2019 before the pandemic.
Source: dailymail.co.uk
We save readers £1m by sparking an equity release switching revolution
We revealed last year how most equity release borrowers could save tens of thousands of pounds by moving their loans to a cheaper interest rate.
Source: thisismoney.co.uk