Estate agents hold the opinion that people aged 55 and over are not having their needs fully met by the range of mortgages on offer. ‘Equity Release’ – which allows existing property wealth to be accessed – could be the solution to the issue of older people being unable to move-in and renovate their ideal homes. Estate agents could benefit from a discussion about equity release with their clients.

Home owners in UK aged 55 and over face poor mortgage choice – Property Wire