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Less than a third of people who plan to downsize make the leap

While the ideal age to downsize is seen as 66 years old as people assess their retirement finances, ties to the community, their homes, and the security it

United kingdomKey later life financeFactors drive downsizing

Equity release borrowing DOUBLES in five years: Older homeowners drew £6 2bn from properties in 2022

Older homeowners borrowed £6.2billion against the value of their properties through equity release last year, up 29% from 2021.

David burrowesAge partnershipEquity release councilAll equity release council approvedKey later lifeKey later life finance

Equity release borrowing DOUBLES in five years: Older homeowners drew £6 2bn from properties in 2022

Equity release borrowing DOUBLES in five years: Older homeowners drew £6 2bn from properties in 2022
thisismoney.co.uk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thisismoney.co.uk Daily Mail and Mail on Sunday newspapers.

David burrowesAge partnershipEquity release councilAll equity release council approvedKey later lifeKey later life finance

Equity release market hits £5 6bn, despite mini-Budget knock – Mortgage Strategy

The equity release market lifted 27% to hit a record £5.58bn of new lending last year, although loans in the final quarter of the year were knocked by the government’s mini-Budget, data from Key Later Life Finance shows. Plan sales grew by 25% to 52,295 compared with the previous year, according to the later life

Northern irelandUnited kingdomCity ofStuart wilsonKwasi kwartengKey groupKey later life financeChancellor kwasi kwartengChancellor jeremy huntNovember autumn statementWill haleMarket monitorLes pick

In Focus: Are advisers underestimating vulnerability?

I rarely discuss my mental health, least of all with people I barely know, but my point here is to illustrate that anyone can suffer vulnerability at any time.

United kingdomAndrew phippsFinancial conduct authorityKey later life financeTower street financeInvestor confidence barometerEmbark investor confidence barometerMoney marketing

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