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Equity Release

  • Over 55s top up their pensions with equity release
  • Equity release seen as a vital tool for funding retirement
  • Equity release seen as tool to ease financial problems
  • New fee-free equity release mortgage for the over 60s
  • Equity Release Could Help With Cost Of Living Increases

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  • Half of over 50s to work extra 11 years in to retirement
  • Houses most affordable since 2003; FTBs at record low

Mortgages

  • Finding a mortgage is likely to become even more difficult
  • Economic uncertainty makes future of mortgage lending difficult to predict
  • Savings decrease as mortgage lending stagnates
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