Over-55s unlock £16.7m from homes in equity release EVERY day - This is Money


7/5/2022 12:00:00 AM3 years 7 months ago
by Samantha Partington

Borrowers used equity release loans to withdraw more than £1.5 billion in the first three months of the year, up from £1.34 billion in the previous quarter.

Older homeowners worried about the cost of living crunch are unlocking a record £16.7 million of cash from their properties every single day. Experts more are borrowing against their homes to repay … [+6385 chars]

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