Equity release: is taking cash from your home’s value a good idea? | Homes and Property

A total of £3.94 billion of property wealth was unlocked through equity release last year, with £1.08 billion in the last three months, an unprecedented £136 per second. Equity release is popular – but is it actually a good idea for the over-55s? In the past, equity-release schemes have been accused of ripping off the older generation, leaving them without a home or saddling

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