EQUITY RELEASE BLOG

Increasing numbers of over-55s are considering using the equity in their property to fund home improvements, according to reports.

The Equity Release market was a £4bn market in 2020 and has grown dramatically over the last few years due to the flexibility introduced.

Increasing numbers of older borrowers are turning to equity release to clear debts and fund home renovations and it could be cheaper and mor

Paul Saroya, Director of Viva Retirement Solutions, is in no doubt. “There is definitely a market for RIOs and they should be improved.