WITH equity release, you are not required to make regular repayments. Instead, the amount borrowed, plus any accrued interest ...

It’s the traditional perception of equity release and lifetime mortgages that is holding back the market from its full growth ...

There are certain circumstances under which you may wish to pay back your equity release plan a little earlier. Mark Gregory ...

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Both lenders need to be sure that there is enough equity in your home available to them to make sure their debt is repaid ...

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 ...

Equity release can free up the wealth in your ... as the interest added from previous months – this is called ‘compound interest’. The longer the loan lasts, and that’s typically until ...

and therefore any inheritance you want to leave, it could also impact state benefits, as your income may be higher. She said equity release "tends to have a higher interest rate than other products".

Equity release schemes allow individuals— typically ... is sold or the homeowner passes away. The main risk is compound interest, which can quickly reduce the amount of equity left in the ...

“Although equity release advances more than doubled during the year, the overall market was still subdued by the relatively high interest rates during 2024 and overall advances were lower than ...