MoneyWeek reports “Equity-release loans worth a record £935m were taken out in the first three months of this year, up 8% on 2018, according to the Equity Release Council. If you’re considering equity release, make sure you’re as well-informed as possible before signing up.

You will have to take financial advice on the decision and must use a specialist broker when choosing a product. Ensure you factor in the combined cost of this advice, legal services and the required property valuation”.

 

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