More than half of homeowners aged 55 and over didn’t realise that the cash lump sum they would receive from releasing equity in their home is tax free Furthermore 64% of those aged 55 to 65 didn’t realise either. And despite the fact that three in 10 would consider taking out an equity release loan
Homeowners aged 55 plus unlocked a record £971 million of equity from their home in just three months according to the latest figures from the Equity Release Council. Its Quarter Two figures, which show activity in the equity release market between the beginning of April and the end of June, show the market is moving
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