A third more homeowners in the first half of 2019 used a lifetime mortgage to release equity from their home than two years ago.
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Category Archives: Equity Release Mortgage
Royal London has warned that the majority of homeowners cannot afford a retirement interest only mortgage due to affordability.
With the upcoming school holidays two in five grandparents will provide childcare with many paying for treats and activities.
Property wealth passed £4 trillion in 2018 and half of homeowners see money invested in property as part of their retirement planning.
More money is given by the bank of Mum and Dad than ever rising to £6.3 billion to help children buy their first home.
The government has relaxed rules to allow homeowners to add bigger extensions without the need for planning permission approval.
Holiday homes in Sandbanks rise 26% in the last year is the most expensive seaside town as prices rise over a decade.
The number of homeowners are releasing equity from their homes has doubled for many UK regions in the last five years.
Changes to mortgage affordability rules by the regulator would allow homeowners to switch to cheaper deals.
The number of residential mortgages for older homeowners has increased as lenders relax maximum ages to 80 years and over.