The current global market cap for “equity release” products, including reverse mortgages, could hit $50 billion by 2033, more than doubling its current size. This is according to a report compiled by ...

Equity release — a class of financial products that involve unlocking home equity and converting it into cash flow — currently has global annual volume of roughly $17 billion. This class includes ...

Homeowners are leaning on equity release to clear outstanding debts and mortgages with a growing proportion of borrowers aged ...

A growing number of older homeowners are taking out equity release products as mortgage rates and living costs climb. Cost of living: will fall in energy price cap make a difference? The mortgage ...

Equity release rates are starting to drop from their record highs, giving older homeowners more options if they are looking to release cash locked up in their property. The appeal of equity release ...

@2024 - All Right Reserved.

Financial advisers are failing to mention equity release as an option in 93% of conversations with home owners about retirement, research by Canada Life suggests. The later life lender says that only ...

@2024 - All Right Reserved.

The equity release market is achieving “only a fraction of its potential” despite strong recent growth, later life lending platform Air says. Equity Release Council data shows total lending grew by 11 ...