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With an ageing population and a prolonged period of rising property prices, it’s no surprise to see equity release growing in popularity.
The latest figures for the equity release market suggest a huge number of retired homeowners accessing wealth in their property, to help fund later life expenses.
Equity release can unlock the financial value of your property and turn it into a cash lump sum.
As a financial option, it allows homeowners over the age of 55 to access cash to spend while they are still fit and healthy, help fund a particular purchase like a holiday home, or provide a living inheritance for their loved ones.