Equity release mortgages are becoming a serious issue, in terms of mis-selling. The FCA recently launched an investigation ...
Latest Articles
Why Are Equity Release Mortgages Risky?
On paper, it’s easy to see why equity release mortgages are appealing...
How Big is the Equity Release Marketplace?
Equity release mortgages are one of the most popular ways to release funds for retirement. However, they’re not without their problems...
The Major Problems with Equity Release Mortgages
If you’re over 55, an equity release mortgage is an appealing way to access cash for your retirement. There’s likely to be a lot of money...
Two Major Pitfalls of Equity Release Mortgages
Equity release mortgages are steadily becoming one of the most popular ways to unlock cash for retirement. According to the Equity Release Council, consumers released £1.81bn from their homes in the second half of 2019 – 44,000 borrowers in total.
Mis-Sold Equity Release
Get the most up to date equity release news and articles right here
Equity Release Mortgage Mis-Selling – Your Questions Answered
This guide contains all the answers to the most common questions about the issue. Frequently asked questions about equity release mortgage mis-selling...
Have You Been Mis-Sold Your Equity Release Mortgage? Answer These Questions to Find Out
It’s not always easy to tell whether you’ve been mis-sold to or not. Here’s a test to give you some idea if you could be eligible for compensation. Test to find out if you’ve been mis-sold your...
Were You Mis-Sold Your Equity Release Mortgage? A Guide
Complaints regarding equity release mortgages – with many consumers feeling that they were mis-sold to, and had lost money as a result, have been on the increase.
Here’s a guide...
Equity Release Mortgages – A Mis-Selling Scandal?
In 2019, the Financial Conduct Authority (FCA) launched an investigation into the mis-selling of equity release mortgages. The move, which was described as ‘exploratory’, was focused on examining the issues associated with these equity release schemes, and to flag up any major problems.
However, consumers have been complaining about these schemes for several years. In fact, in 2009, Which? magazine referred to them as a “lifestyle dream that can turn into a nightmare”.
Here’s more information about the situation.
The Major Problems with Equity Release Mortgages
If you’re over 55, an equity release mortgage is an appealing way to access cash for your retirement. There’s likely to be a lot of money...
Two Major Pitfalls of Equity Release Mortgages
Equity release mortgages are steadily becoming one of the most popular ways to unlock cash for retirement. According to the Equity Release Council, consumers released £1.81bn from their homes in the second half of 2019 – 44,000 borrowers in total.