top of page

Change to Equity Release

Lifetime mortgages, or Equity Release, is used by many who choose to fund care in their own home.

From the end of March, all customers taking out mortgages that meet the standards set by the Equity Release Council will be guaranteed the right to make penalty-free partial repayments of their loans.

It means new customers can not only reduce their borrowing, but offset the interest, without making any ongoing commitment to further repayments.


Recent Posts

See All

Planning for Old Age

Planning remains one of the biggest challenges for the senior housing market as councils across England remain unprepared to provide suitable accommodation. Research by property consultancy Knight Fra

All Time Low Care Satisfaction

New findings from the British Social Attitudes survey, published by the Nuffield Trust and The King’s Fund, show that public satisfaction with social care services has dropped to just 13 per cent, the

How England compares to other UK Home nations

England’s system of means-testing for care of those who meet eligibility criteria is by far the least generous of the four UK nations. While Northern Ireland operates the same capital thresholds for c


bottom of page