Homeowners could release an average of £69,600 worth of equity release from their homes using equity release – a 20% increase on five years ago.

Homeowners could release an average of £69,600 worth of equity release from their homes using equity release – a 20% increase on five years ago.
Paul Glynn, CEO of Air, explores why waiting for lower later life mortgage rates could be counterproductive, and how providers are seeking to mitigate higher rates by introducing more...
The directory has been improved to allow Council members to showcase the full range of services they offer.
The addition of Knights means the Council now has 769 member firms and 1831 registered individuals.
LiveMore has simplified the minimum equity reductions and grouped them into four regions.
The product offers interest rate discounts to clients who choose to make regular payments.
The average house price value among new lifetime mortgage customers has risen nearly five times as fast as the national average.
The Council now has 762 member firms and 1,848 registered individuals.
Q3 saw an 8% quarterly rise in existing customers taking further advances to extend their loans.
For the first time, there is a preference for drawdown over lumpsum plans among new customers.
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