Live Breaking News & Updates on ஜெரார்ட் வரம்

Stay updated with breaking news from ஜெரார்ட் வரம். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Homeowners release £1bn of equity in 'middle-class stampede'


Older homeowners are releasing an average of more than £100,000 from their properties, in what is being termed a middle-class stampede towards equity release.  
Two separate studies found that homeowners were able to access triple-figure cash pots when taking out equity release deals- also known as lifetime mortgages. 
This is when older homeowners take out a new mortgage on their home, allowing them to access some of the money tied up in it to spend in their later years.
Older homeowners are getting an average of more than £100,000 when they take out equity release mortgages - but there are plenty of risks involved  ....

United Kingdom , Paul Shearman , Simon Gray , Claire Singleton , Matt Coulson , Steve Wilkie , Openwork Partnership , Equity Release Council , Financial Solutions , Financial Conduct Authority , Office For National Statistics , Key Equity Release , Market Monitor , Responsible Life , Lifetime Mortgages , General Home , Boon Brokers , Equity Release , Katie Brain , Gerard Boon , Retirement Interest Only , ஒன்றுபட்டது கிஂக்டம் , பால் ஶீர்மந் , சிமோன் சாம்பல் , கிளாரி சிங்கிள்டன் , மேட் கூல்சன் ,

Would you buy a home that used to be an office?


Would you buy a home that used to be an office?
More people are being encouraged to do just that, as the City of London announced plans to build 1,500 new homes in former office blocks left vacant due to the pandemic this week.
But the trend of converting commercial buildings into homes has been around for a few years.
Since 2015, property developers have been allowed to convert offices into apartments without getting full planning permission, under a system called permitted development rights - and that policy now applies to shops and warehouses, too. 
The City of London wants to see 1,500 apartments built in disused office buildings  ....

City Of London , City Of , United Kingdom , Edward Heaton , Angus Stewart , William Bainbridge Reynolds , Lauren Atkins , Malins Group , House Of Fraser , Apple Apartments , Baker Street , Beatle Apple Records , William Bainbridge , Swanne House , Metropolitan Police , Jeremy Leaf , North London , Land Registry , Gerard Boon , Shad Thames , Dean Esnard , Mo Ney , நகரம் ஆஃப் லண்டன் , நகரம் ஆஃப் , ஒன்றுபட்டது கிஂக்டம் , எட்வர்ட் ஹீட்டன் ,