I’m over 55 – what are my options?
It could be that you want to free up some of the money in your home without having to actually sell it and move, and it is in this case that equity release can be a good decision.
There were over 22,500 equity deals carried out by homeowners over the age of 55 across the UK in 2015, making this the highest rate since 2008. This demonstrates that an increasing number of people are leveraging their homes as a key part of later life financial planning – but is this right for you? Here, we take a closer look at the two different methods of equity release, and of course more help is only ever a quick phone call away.