Rat and Mouse
Tue
24
Jul
Homeowners are releasing equity like there's no tomorrow...

(Which, of course, there might not be.) According to figures from a trade body representing 90% of the equity release industry (the other 10%, let's not think too hard about them) are reporting 7,400 new plans taken out in the second quarter of the year, amounting to £300 million. That's the highest figure to date, and up from £262.8 million the same period in 2006.

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