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'Why I believe equity release has entered the mainstream'

Craig Brown, chief operating officer of Legal & General Retail reflects on his time as chief executive of Legal & General Home Finance, and the future of the later-life industry. read more

What are the pros and cons of equity release?

Homeowners aged 55 and over looking to get more from their finances as they approach, or are at, retirement could benefit from unlocking the tax-free cash tied up in their homes. This is known as ... read more

Can you buy property abroad through equity release?

Looking to buy that home in the sun? You could use equity release to buy property abroad. Our article explains what you need to know ... read more

Nokkel becomes member of the Equity Release Council

The consumer-focused UK trade association Equity Release Council, which was founded to advance high standards of behaviour and practice in the equity release industry by prioritising consumer ... read more

Should you use equity release to pay off your mortgage?

Equity release application forms include a section for any existing mortgages. You will need to list the lender, your mortgage reference, and an approximate balance to be repaid. Your current mortgage ... read more

Equity Release Council launches handbook with Fairer Finance

The ERC and Fairer Finance have brought out a guide to help members “communicate clearly and simply with customers" about later life lending. read more

4 little-known truths about equity release

All equity release plans covered by the Equity Release Council come with this guarantee, meaning your estate will never owe more than your property is worth when it is sold. Equity release is ... read more

Equity release rates drop – is it worth unlocking cash from your home?

But data from the Equity Release Council shows the third quarter was the busiest period of the year so far for lending, with homeowners unlocking £716m of property wealth, up 8% annually. read more

Equity release calculator

according to the latest data from the Equity Release Council. The industry body’s figures for 2023 show that total lending was £2.6bn, taken out by 26,113 homeowners. Each homeowner received, ... read more

Is equity release safe?

Formed in 1991, the Equity Release Council (ERC) aims to boost the understanding of the role housing equity can play in later life - such as funding care, supporting family, and making life more ... read more

Can you pay back equity release?

Can you pay back equity release early? Yes, you can. With lifetime mortgages that meet the standards of the Equity Release Council, you can choose to repay all or some of the loan early. However early ... read more

4 little known truths about equity release

To avoid this situation, make sure that your chosen provider is a member of the Equity Release Council and is authorised by the Financial Conduct Authority, as plans from approved providers come with ... read more