Pros and cons

It pays to think very carefully before opting for equity release, as signing up for a scheme is a big step.

The average homeowner takes two years from making their first enquiry about equity release to actually signing on the dotted line, so it is evident that weighing up the pros and cons in detail makes sense.

Click here for more details.

rp-equityrelease

Equity release market growing strongly

The amount of money lent to older homeowners in the equity release market grew by 11% in the third quarter of 2012.

Age UK teach older people computer skills

Equity release to be fully advised

After the Mortgage Market review is implemented in April 2014, all equity release customers will have to be advised.

Gavel

Tougher rules on mortgage lending to be introduced in 2014

The Financial Services Authority (FSA) has confirmed that it will introduce rules designed to prevent irresponsible mortgage lending in its Mortgage Market Review.

pensioners3

Guide to borrowing past retirement age

As an older borrower, you may be concerned that a lender will not offer you a mortgage past retirement age.

house

Guide to equity release

More and more older people are turning to equity release mortgages to enable them to free up some of the value in their properties.

Page 1 of 1

Speak to an adviser

Free expert mortgage advice

l-c-logo-100-middle-with-border

Follow the link below to fill in our simple 3 step form and you will be contacted by a qualified mortgage adviser who will help you with your requirements.

YOUR HOME OR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE

Mortgage best buys

key

Compare the latest mortgage rates using our compare
mortgages tool

Calculator

Use our easy-to-use mortgage calculators to find out how much you could borrow and calculate your monthly repayments

Ask Paula

Ask Paula

paula-john

If you have a question about mortgages or homebuying, why not ask Editor in Chief Paula John?

Paula is CeMap qualified.

Your Mortgage today

Calculators

Mortgage best buys

Compare the latest mortgage rates
using our compare
mortgages tool.





Your Mortgage guides

Download your FREE guides

house
Guide to equity release

More and more older people are turning to equity release mortgages to enable them to free up some of the value in their properties.

Your Mortgage Awards

awards rondel 2013
Awards

Widely regarded as the UK's definitive consumer mortgage awards, for 22 years the Your Mortgage Awards have recognised and rewarded those lenders and providers that have offered the very best products and services to mortgage borrowers over the preceding 12 months.

Connect with YourMortgage.co.uk

Sign up for our weekly email alerts

Recieve up-to-date news directly into your inbox from us

Your Money Logo
toolssavings

Make the most of your money from investments, savings, retirement and financial planning.

Get expert opinions, top tips, all the latets news, videos, guides etc