Equity release: The key considerations

One of the main obstacles hampering the equity release market from realising its true potential is the failure of advisers to recognise the full spectrum of situations where equity release may be useful. Despite the evolution of the typical plan holder away from what may have been the norm five or ten years ago, not all advisers have kept pace with this change and still only associate cruises or conservatories as reasons for releasing equity. In reality, the changing economic landscape has also altered the motivations for wanting to access funds tied up in property. Servicing mortg...