Anyone who has been keeping tabs on the equity release market in recent months will be aware that 2014 was a bumper year for this sector.
Some would say it already has, but given the results of surveys and other research recently, it would appear everything is set up for 2015 to be a bumper year in the equity release market.
Recent research has revealed that mortgage advisers who are qualified in providing expert advice on equity release products believe this product will become even more important in the near future.
If you are considering equity release (the process of releasing some of the equity held in your property) there are a number of questions you will be likely to want to ask to begin with.
Equity release has received a lot of attention this year. It is becoming a popular way to finance retirement, not to mention free up some cash for other things as well.
There have been many stories in the press in recent years concerning the more challenging situations people have found themselves in when they retire. Many individuals and couples have planned well for their retirement, investing in pensions and other investment […]
There is speculation that more lenders could make inroads in the equity release market next year. The chairman of the Equity Release Council, Nigel Waterson, has predicted that a minimum of three big-name lenders could enter the arena for the […]
The latest figures for equity release loans have reached the highest level since 2002, the year that records on these loans were first kept. The third quarter in 2014 has indicated a total lending amount of £375.5 million.