Demand for equity release is growing and the number of product options has more than doubled in the space of a year. That is the key finding which stands out from the Equity Release Council’s Spring 2019 Market Report. But this massive increase in options makes the need for quality advice on equity release more important than ever. In this blog, we take a look at the report in more detail. Product options more than double Back in January 2018, [...]

It is great news that awareness of the potential benefits of equity release for homeowners aged 55 and over is not only growing, but is being supported by the Government. The Government recently backed a Select Committee recommendation that equity release should be signposted to older people as a home finance option by the new "Single Financial Guidance Body". The Single Financial Guidance Body will pull together services currently provided by the Money Advice Service, the Pensions Advisory Service and Pension [...]

Did you know that you can use equity release to purchase a second home? Many people are unaware that older home owners can buy another property with a Lifetime Mortgage. Whether you are looking for a holiday home, an investment property or a buy-to-let - equity release is one of the options available. How can I release equity to purchase a second home? To be eligible for equity release, you must be a home owner aged 55 or over. You [...]

Access Equity Release Director, Dominik Lipnicki, has been talking to personal finance journalist Leah Milner at Mortgage Strategy magazine about the specialist traits of equity release advisers, the incredible growth of the equity release market and recruitment at Access Equity Release. Equity release lending is showing strong and steady growth. Q2 figures from the Equity Release Council 2018 put the year-on-year rise at +39% from Q2 in 2017. Lending in the first half of 2018 reached £1.84bn. It is understandable [...]

Equity Release: 7 popular reasons why people release wealth tied up in their homes Release Equity to pay for home and garden improvements This is one of the most popular reasons for home owners to release equity from their property. According to lender research*, 30% of equity release borrowers questioned quoted home improvements to the property and or garden as a reason to unlock equity. Home improvements can add value to the property and greatly improve quality of life. New [...]