How can equity release help?
Facing financial barriers in older age is not uncommon, equity release can help relieve financial strains.
64%
Use the equity released for home and/or garden improvements.
33%
Use the equity released for holidays and trips away.
31%
Use the equity released to pay off debts (e.g. loans and credit cards).
27%
Use the equity released to gift money to family and/or friends.
22%
Use the equity released to clear outstanding mortgage, relieving them of payments.
12%
Use the equity released to help paying their regular bills.
Being able to have access to extra capital can help relieve stress and eliminate the need to downsize