interest will compound on top of your loan, building over time, meaning the amount you owe will also increase. If you choose a product with a lender who is a member of the Equity Release Council ...

Ask your adviser about equity release fees - and make sure you get value for money. The impact of compound interest on an equity release plan is particularly important to be aware of.

Equity release is a way for over-55s to access some of the money ... By spreading out the amount you borrow in this way (known as ‘drawdown’), you’ll reduce the impact of compound interest. The cost ...

An equity release adviser can help suggest ways to minimise your costs depending on your individual needs. Lifetime mortgages involve compound interest, which means that the total amount owed ...