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Exclusive: Two-thirds of lifetime mortgage brokers charge more than £1,000 in fees

'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

Majority of over-55s worried about affording repayments – Mortgage Strategy

Almost four out of five (79%) over-55s with fixed rate mortgages are concerned about being able to afford repayments once their current deal comes to an end, new research reveals. Key Later Life Finance's nationwide study of over-55s who have mortgages found 20% of respondents say they are ‘extremely concerned’ about

Over-65s made £17k on their owned homes last year: Key – Mortgage Strategy

Homeowners over the age of 65 made nearly £17,000 on their houses in the last year, despite the recent market uncertainty, Key Later Life Finance has found. New research by the equity release adviser revealed that total property wealth owned outright by over-65s has risen by £167bn – an average of £16,658 for each