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Nearly half of homeowners under 40 got onto the property ladder “much later” than they expected, according to new research by the Equity Release Council, which it says highlights a more relaxed attitude to later life debt. The trade body says 45% of young homeowners with a mortgage delayed buying their first ....
Equity release professionals appear to be bursting with positivity amid record-high lending figures and product choice, along with low rates. Although many concede the sector’s historically negative reputation still influences consumers, when Mortgage Strategy canvassed the industry, the mood was strikingly upbeat ....
Borrowers released £1.15bn of equity in the third quarter, up 19% on the same period last year and putting the market on track to reach a new record of £4bn of lending for 2021 as a whole, according figures published today. The Equity Release Council (ERC) says lending was down by 2% from £1.17bn in the second ....
Mortgage repayments hit record £38bn: Equity Release Council mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.
Parents who gift cash to children fail to factor in care costs: Just Group mortgagestrategy.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mortgagestrategy.co.uk Daily Mail and Mail on Sunday newspapers.