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Equity release market needs joined-up approach : Report   – Mortgage Strategy

Borrowers in the later life lending market need coordinated action by industry, government and regulators to ensure higher retirement standards, a report says.   The UK’s £5trn housing wealth can help address major challenges facing the UK’s ageing population such as funding social care costs, aiding

One in 12 grandparents use property wealth to support grandchildren

A survey of 2,000 grandparents in the UK, found that younger grandparents (aged 50-64) are twice as likely to use property wealth to gift to grandchildren

Homeowners using equity release to support loved ones: L&G – Mortgage Strategy

Lifetime mortgage customers continue to use their property's value to help financially support their families and make changes to their homes, data from Legal & General Home Finance (LGHF) reveals. The latest data shows that in 11% of drawdowns, Legal & General customers use the value hidden in their homes to

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