Pensioners release a record amount of cash from their homes - The Telegraph


7/19/2022 12:00:00 AM2 years 9 months ago

Homeowners are using 'equity release' and 'lifetime mortgages' to pay off debt and afford higher costs

The number of equity release plan sales jumped by 25pc year-on-year while the value of equity released surged by 32pc in the first half of 2022 with both metrics hitting new record highs. It comes as… [+3007 chars]

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