What is Equity Release? And what are the pro’s and...
Equity release is a way of taking the cash out of your home while you still live in it.
Equity release is a way of taking the cash out of your home while you still live in it.
If we look at equity release 10 -15 years ago,itwas a lot more restricted and there wasn’t the choice of products available like there are now.
To be eligible for equity release you must be the minimum age of 55 and typically own your own home to the minimum value of £70,000.
A Lifetime Mortgage is for sure a more popular equity release option, with many providers specialising in a range of products.