What is the best equity release product 2022?
The Moneyfacts Annual equity release star ratings are out now. We've reviewed hundreds of products to find those that deserve the top marks of five-stars.
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The Moneyfacts Annual equity release star ratings are out now. We've reviewed hundreds of products to find those that deserve the top marks of five-stars.
As house prices continue to rise, homeowners over the age of 55 may be considering unlocking some of the equity they have built up in their home through equity release
Share This week we published research that found the number of equity release deals available on the market is at a record high of 510. As a result those considering equity release have more options to choose from than ever before. Saying this, those considering this option should still be aware of the long-term impact it can have on finances and must speak to an independent financial adviser before taking out a plan. To help homeowners consider equity release to evaluate the deals on the market below we have highlighted some of the most competitive rates that were available during April...
Share A lifetime mortgage can be a good way for those aged 55 and over to release equity built up in their house without having to move home. While there are benefits to taking out a lifetime mortgage, it can have a long-term impact on finances and those considering this option should speak to an independent financial adviser before going ahead to ensure it is the best decision for their circumstances. The plans highlighted below are not endorsed by Moneyfacts.co.uk but have been chosen as they offer competitive rates for the scenario that we have selected. It should be noted that other p...
Share For those aged 55 and over a lifetime mortgage can be a good way to release equity from their home without having to move house. Over the last few years there has been an increase in the number of lifetime mortgage plans entering the market, which has not only provided borrowers with more choice and flexibility, but during this time rates have also fallen. Those considering a lifetime mortgage should be aware that it could have a long-term impact on finances and, as such, they should consider speaking to an independent financial adviser to help them decide whether it is the best opt...