Homeowners of five-bedroom properties without a mortgage could unlock almost £500,000 by downsizing, research suggests. Analysis by Rightmove highlights the cash-equity release...
Archive
Older borrowers were deterred by high mortgage rates last year, bank data suggests. Quarter four figures from UK Finance show a 37.1%...
20 February 2024
From: Breaking News
There’s growing evidence that wider family members - not just Mum and Dad - are stumping up cash to help younger...
03 October 2023
From: Breaking News
Who are you and what does it say on your business card? I am Chris Brown, CEO and Founder of Hydrogard...
06 July 2023
From: 60 Second Interview
Higher energy costs and rising interest rates are leading to a surge in the number of homeowners looking to downsize, a...
24 April 2023
From: Breaking News
ANY REPOSSESSION is a tragedy for the person involved, and latest figures indicate the number of victims falling victim is currently...
04 March 2023
From: Features
A claims management company (CMC) is in the process of helping with more than 500 claims from homeowners to get refunds...
27 February 2023
From: Breaking News
The Government is being urged to exclude spray foam insulation from its new Eco+ scheme aimed at improving the energy efficiency...
29 November 2022
From: Breaking News
New calls have emerged to give pensioners stamp duty tax breaks to downsize their homes. The National Association of Property Buyers (NAPB)...
26 July 2022
From: Breaking News
A group of mortgage advisers has proposed a range of reforms to reduce barriers to home ownership for first time buyers. The...
20 June 2022
From: Breaking News
A rule change has been introduced this week in a bid to make equity release customers reduce interest costs. The option to...
30 March 2022
From: Breaking News
If agents wonder why more older home owners don’t sell and downsize, it may be because they’re taking equity out of...
19 January 2022
From: Breaking News
An estate agency owner who is also a qualified independent mortgage adviser has hit out against the suggestion that lenders may...
09 December 2021
From: Breaking News
The equity release market is on course for a record year after customers took out £1.049 billion in property wealth in...
23 November 2021
From: Breaking News
Over-65s saw their property wealth increase by £800 a month recently thanks to frenzied demand during the stamp duty holiday, an equity release...
20 October 2021
From: Breaking News
With much attention on those at risk of repossession or running up rent arrears, it's emerged that many others have actually used...
15 March 2021
From: Breaking News
Older homeowners gifted an average of £42,500 to younger relatives to help them buy in the past year, according to new...
25 February 2021
From: Breaking News
A new website called Silver Sharers says it’s chief objective is to help older home owners remain in their properties without...
23 January 2020
From: Breaking News
It looks like the Equity Release bubble may have burst, with latest figures showing a four per cent fall in the...
21 January 2020
From: Breaking News
An equity release specialist says the scrapping of stamp duty for so-called last time buyers would lead to more downsizing, freeing...
16 October 2019
From: Breaking News
The Bank of Mum and Dad is now officially one of the 10 biggest mortgage lenders according to data from Legal...
28 August 2019
From: Breaking News
An equity release provider says there is now £382 billion worth of equity available within older homeowners’ properties following recent house...
29 July 2019
From: Breaking News
We now have a new Leader of the Conservative Party and, rather more importantly, a new Prime Minister. That individual is Boris...
27 July 2019
From: Features
There’s more ammunition today for those agents who argue that equity release stops people moving and thus cuts the number of...
19 July 2019
From: Breaking News
Specialist providers catering for the over-50s has welcomed a move by high-end estate agency Knight Frank to move into equity release. Commenting...
11 July 2019
From: Breaking News
Retired homeowners are increasingly using property wealth to clear unsecured debts and mortgages to strengthen their later life finances, a new...
24 May 2019
From: Breaking News
An outspoken building society chief has taken the unusual step of calling for stamp duty to be replaced by capital gains...
23 May 2019
From: Breaking News
Equity release, seen by many agents as a reason why fewer older homeowners are downsizing these days, has reported more growth...
07 May 2019
From: Breaking News
New figures from the Equity Release Council suggest more growth in this sector, alarming those agents who see this as a...
03 April 2019
From: Breaking News
There’s been more growth in the equity release sector, suggesting that fewer older owners are downsizing and are instead using their...
13 February 2019
From: Breaking News
The rise and rise of Equity Release continues with a more-than-doubling of the number of product options on the market in...
25 September 2018
From: Breaking News
There’s little doubt that downsizing is less of a factor in the housing market than it used to be - so...
25 August 2018
From: Features
An equity release consultancy says the result of its survey of estate agencies suggest an increase in interest from prospective downsizers. The...
02 August 2018
From: Breaking News
Only 24 hours after the Land registry released data showing a 20 per cent slump in housing transactions, new figures from...
20 July 2018
From: Breaking News
The average over-65 homeowner in Britain has seen her or his property wealth gain £159,000 – or £7,000 annually - in...
01 June 2018
From: Breaking News
There has been a big rise in activity in the equity release market based on data from the first quarter of...
19 April 2018
From: Breaking News
The equity release sector is claiming a record quarter between April and June with the number of new customers and total...
28 July 2017
From: Breaking News
Estate agents are increasingly helping customers who have been forced to sell their homes to pay off interest-only mortgages ahead of...
29 June 2017
From: Breaking News
A new report, conducted by the Centre for Economics and Business Research for the financial services group Legal & General, claims...
22 June 2017
From: Breaking News
In recent years the mortgage industry has gone through some testing times. Recession and regulation have led to more stringent lending...
08 April 2017
From: Features
Around six in 10 estate agents say their experience shows that mortgage lending restrictions targeting customers aged 55 or over are...
10 January 2017
From: Breaking News
Retired home owners have gained an average of £26,000 tax-free this year from their houses, new analysis from an over-55s financial...