Latest mortgage news - Equity Release Mortgage


18 May 2022

House prices in London have gone up the most over 10 years

London house prices have increased the most over the last 10 years with a significant rise in equity for homeowners.

16 Apr 2022

House prices in seaside towns rise 8pc as demand remains strong

Homes on the coast attract a premium and house prices are up 8% on the previous year as buyers seek to improve their quality of life.

14 Mar 2022

15 million homes can benefit from energy efficiency upgrades

Detached homes face the biggest energy costs due to lack of efficiency and in need of upgrades as we face a rise in the fuel energy cap.

25 Feb 2022

Detached home values at £425,000 with higher demand

The average value of detached homes has increased at twice the rate of smaller properties to £425,000 with a surge in buyer demand.

25 Jan 2022

Record cash from equity release due to rising cost of living

Cash accessed using equity release increased 24% last year as homeowners benefit from rising property value to meet living costs.

14 Sep 2021

Standard Life to offer equity release product increases choice

Equity release buyers will benefit from more choice as Standard Life is to enter the market and increase competition.

26 Aug 2021

Premiums paid to live in market towns increases 8pc during lockdown

You pay a £36,116 premium to live in market towns during lockdown, up 8.4% for the year as people look to improve their lifestyle.

21 Jul 2021

Savings during lockdown release you from your mortgage early

UK savings reached £200bn during lockdown and overpayments could reduce interest costs and clear your mortgage years earlier.

25 Jun 2021

Seaside towns in Britain with house prices up 10pc due to strong demand

Demand for coastal living has seen house prices in Britain’s seaside towns rise 10% over the year as homeowners change their lifestyle.

10 May 2021

Equity release products rise by over 100 with more competition

The competitive equity release market has seen over 100 products on the market as providers launch new features to attract customers.

16 Apr 2021

Equity released from homes falls due to pandemic lockdown

The pandemic lockdown restricts the amount of equity released from properties in 2020 even though interest rates fall to record lows.

29 Jan 2021

Recovery for equity release with low cost mortgages and pent-up demand

Pent-up demand for equity release and falling interest rates has seen a recovery in plans taken out after slowdown during the first lockdown.

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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.

    CONTACT

    Address:
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    Phone:
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    Email:
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    London City Mortgages Limited is a registered company in England & Wales under company number 09278987. London City Mortgages Limited is an Appointed Representative (FCA no. 655965) of Blackstone Moregate Limited (FCA no. 459051) which is authorised and regulated by the Financial Conduct Authority. LCM and LCM Equity Release are trading names of London City Mortgages Limited.

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