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'Dad was in debt, ashamed. He did equity release in secret – it cost us our inheritance'

Equity release, where people take cash from the value of their homes, has boomed in recent years. But what seems a simple financial product can turn families upside down when the loans are taken out in secret.

'Dad was in debt, ashamed. He took out equity release in secret – it cost us our inheritance'

What seems a simple financial product can turn families upside down

DIFF podcast: Executive managers are paying lip service to diversity and inclusion – Sinclair

Don't get caught out by your mortgage broker's 12pc fee

Expensive debt, eye-watering broker fees and hefty insurance policies are beginning to weigh heavily on mortgage borrowers who never knew anything other than rock–bottom interest rates.

Market Harborough makes 24-hour notice pledge on product withdrawals