Latest mortgage news - Equity Release Mortgage


03 Aug 2019

Retirement interest only mortgages not the answer for homeowners

Royal London has warned that the majority of homeowners cannot afford a retirement interest only mortgage due to affordability.

23 Jul 2019

Over 5 million grandparents come to the rescue with childcare

With the upcoming school holidays two in five grandparents will provide childcare with many paying for treats and activities.

17 Jun 2019

Bank of Mum and Dad gives £6.3bn helping children on property ladder

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.

17 Jun 2019

Half of home owners factor in property value for their retirement

Property wealth passed £4 trillion in 2018 and half of homeowners see money invested in property as part of their retirement planning.

30 May 2019

Homeowners can build extensions without planning permission

The government has relaxed rules to allow homeowners to add bigger extensions without the need for planning permission approval.

06 May 2019

Demand in seaside towns sends house prices higher over decade

Holiday homes in Sandbanks rise 26% in the last year is the most expensive seaside town as prices rise over a decade.

02 Apr 2019

Demand for equity release doubles across many UK regions

The number of homeowners are releasing equity from their homes has doubled for many UK regions in the last five years.

27 Mar 2019

Mortgage prisoners could switch to cheaper deals with new rules

Changes to mortgage affordability rules by the regulator would allow homeowners to switch to cheaper deals.

01 Feb 2019

Older homeowners have more choice as lenders relax mortgage age limits

The number of residential mortgages for older homeowners has increased as lenders relax maximum ages to 80 years and over.

24 Jan 2019

New highs for equity release as homeowners access property wealth

Homeowners use equity release to access almost £4 billion of wealth from their homes up for the seventh consecutive year.

06 Nov 2018

Homeowners access record £1bn equity release from their homes

Buoyant market for homeowners sees £11m of equity released each day from property and a record £1bn in the third quarter.

24 Sep 2018

Equity release growth driven by greater product flexibility

Greater product flexibility is driving rapid growth in homeowner demand for equity release with 120% more lending in the last two years.

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  • IMPORTANT

    Equity Release may involve a Lifetime Mortgage or a Home Reversion Scheme. To understand the features and risks, please ask for a personalised illustration. Equity Release may affect your entitlement to means tested state benefits and will impact on the size of your estate. For Equity Release London City Mortgages charge a fixed fee upon completion of £695. For Mortgages a fixed fee is charged on application. Typically this is from £295 up to £495 for the services selected.

  • WARNING

    Equity Release - Equity Released from your home will be secured against it. Mortgages – Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it. Think carefully before securing other debts against your home. The information contained in this website is subject to the UK regulatory regime and is therefore intended for consumers based in the UK.

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