UK mortgage holders are repaying record amounts of mortgage debt, according to the Equity Release Council. But the ERC claims high levels...
Archive
25 October 2023
From: Breaking News
Tembo, the ‘next generation’ lending platform, has launched a new approach to family lending for mortgages. The lender offers a range of...
17 June 2021
From: Breaking News
Nationwide is the latest building society to join the Equity Release Council (The Council) following its introduction to the lifetime mortgage...
28 November 2017
From: Breaking News
Research from Lloyds Bank Private Banking shows that the total household wealth in the UK reached an estimated £10.5 trillion in...
16 August 2017
From: Breaking News
Homeowners aged over 55 are sitting on £90,000 more property wealth than they realise thanks to soaring house prices. This extra housing wealth...
04 December 2015
From: Breaking News
The total property wealth of over-55s in England will double to almost £2.5 trillion by 2035, according to new research by Age...
06 November 2015
From: Breaking News
Equity release has posted the biggest quarterly rise for 11 years as over-55s withdraw a record £5 million of housing wealth...
27 October 2015
From: Breaking News
Equity release lending has surged to an all-time high in the second quarter of this year. The £384.3 million of lending is...