Equity Release Now Seems Tempting ; Personal Finance Pensions

Summary

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With pensions squeezed by rising costs like council tax and heating bills, pensioners may be tempted to consider equity release plans to unlock capital tied up in their homes.

Says Nigel Hare-Scott, sales director of Home & Capital, a leading specialist in equity release: "In this uncertain environment, surveyors are being more cautious over valuations, which reduces the amount that homeowners can raise under an equity release plan. This will get worse if a fall in house prices becomes widespread".

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Equity Release Now Seems Tempting ; Personal Finance Pensions

Elderly homeowners ca...

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