We covered some of the mis-selling practices of equity release last week. Let’s look at where the possibilities lie.
For some, equity release is a great idea, for a salesman looking for a commission, it can be ‘made’ into a good idea. Over the next couple of weeks, I’ll give you a good run down of all the thoughts, risks and benefits around whether or not it could be useful for you.
The largest concentration of wealth ownership in the UK with £1.11 trillion of net housing wealth, is the 55-64 age group. The 65-74 age group is just behind that at £1.08 trillion.
