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KEYWORD "equity release" - 43 RESULTS
Downsizing could unlock half a million in cash for empty nesters

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...

14 August 2024

From: Breaking News

Mortgages to older borrowers drop 37.1% amid higher rates - data

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

Bank of Family foot the bill to get young people on housing ladder

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

Chris Brown, CEO and Founder of Hydrogard Legal Services

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

Homeowners ‘more open to downsizing’ amid higher living costs - claim

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

Repossession fears over new MoJ numbers

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

Hundreds of claims to be made for ‘mis-sold spray foam insulation’

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

Spray foam warning issued for sellers amid new Eco scheme

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

NAPB backs pensioner stamp duty cut as alternative to 'costly' equity release

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

White paper calls for intergenerational mortgages to help first-time buyers

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

Rule change to make Equity Release more appealing to sceptics

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

Older owners not selling? It’s because of Equity Release

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

Agent lashes out against any relaxation of mortgage lending

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

Will surge in Equity Release help or hinder housing market?

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

Massive leap in equity held by older home-owners

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

Mortgage boost as many homeowners pay down debt during pandemic

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

Stamp Duty Holiday allows older owners give more help to younger

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

New ‘silver’ website bans agents and bids to cut downsizing

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

Equity Release market drops at last after years of growth

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

Call to scrap stamp duty for so-called ‘last time buyers’

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

Typical Mum and Dad now fork out £24,100 towards offspring’s new home

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

Equity release firm woos downsizers with claims of record high wealth

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

Boris Johnson’s stamp duty changes – who would be the winners and losers?

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

New evidence suggests equity release hurting transaction volumes

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

Praise for estate agency diversifying into equity release

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

Another boost for Equity Release: does it lead to fewer house sales?

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

Replace stamp duty with tax on house sale profits, urges finance chief

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 chiefs upbeat after record-breaking quarter

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

Bad news for transactions as Equity Release grows again

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

More equity release growth means fewer downsizers selling up

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

Is the surge in Equity Release killing the downsizing market?

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

Should equity release be taxed to encourage down-sizing?

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

Agents seeing more demand from downsizers, says equity release firm

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

Is this why transactions have slumped? Equity Release hits a new high...

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

Wealthy older homeowners - pensioners are now better-off than ever

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

Big surge in equity release as more older owners choose not to downsize

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

Big surge in equity release according to sector trade body

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

More interest-only owners selling up, claims equity release operator

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

Another report urges Bank of Mum and Dad to fund next generation

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

Mortgage market review

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

Agents worry that over-55s are latest to suffer mortgage restrictions

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

Over-65s see average property value rise £26,000 this year

Retired home owners have gained an average of £26,000 tax-free this year from their houses, new analysis from an over-55s financial...

13 December 2016

From: Breaking News

Agents 'warn downsizers not to over-estimate property profit'

Older homeowners are unrealistic about how much money they will raise from downsizing, and estate agents are warning them to manage...

08 November 2016

From: Breaking News

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