61% of under 50s are meeting the cost of living through relatives releasing funds from their own property.
Related topic: Equity release
Equity Release Partners is now available to all advisers.
Stuart Wilson, chairman of Air Club, discusses the current climate for today's retirees and the growing number of reasons they are turning to later life lending.
The choice of deals stands at 312, a far greater number than the 179 on offer in January 2023.
Homeowners over 50 are able to borrow up to 55.3% LTV.
Covering day-to-day expenses didn’t register in the top five this time last year.
Figures released by the Equity Release Council show that the market has seen growth for the first time in a year - with quarterly increases in both new customers (10%) and total...
LV= has announced today that it is broadening its range of of later life mortgages with the launch of two new equity release products.
Property Plus will consider a wide range of property features including spray foam, non-standard construction, listed buildings and flood risk.
Just Mortgages became a member of the Equity Release Council earlier this year.