News
EXCLUSIVE: 91% of recent homebuyers worry about losing home equity – Boon Brokers
Almost half (47%) said they were very or extremely concerned, and only 9% had no concerns at all about losing equity.
Equity
News
Precise removes minimum equity and raises interest only to 75% LTV
The lender said these updates are designed to give brokers more flexibility and open up interest only options to a wider group of customers.
Featured
LiveMore reduces minimum equity on mortgages for over-50s
LiveMore has simplified the minimum equity reductions and grouped them into four regions spanning England, Scotland and Wales.
Featured
Scottish people are the most comfortable with releasing equity from their home – Hodge
In Scotland more than a third of people aged over 50 said they would be happy to raise equity through their home in order to help out a family member.
Later Life Lending
Women divorcees more likely to use housing equity than men
Almost three times as many divorced women release equity from their home than divorced men, new data from Key Later Life Finances shows.