
Equity Release Explained
How to release equity from your home Many of us are putting nothing away to help fund our old age and around half are not saving enough into our pensions for a comfortable retirement. If you bought your home a long time ago, you are likely to have benefitted from the boom in house prices during the early noughties, and even the recent price falls are unlikely to have dented your equity position too much. According to Halifax the average UK house price was £85,000 in 2000, com