Equity release allows such people to raise cash from their homes without having to leave the house or make interest payments
Did you know there are 9.5 million people aged over 65 in Britain, 45% of these have inadequate retirement income
72% of couples aged 71 to 90 have savings of less than £2,000
33% of couples in the same age bracket have no savings whatsoever
More people reach retirement now than at any time in the past*.
For these people their home may be the only asset they possess.
For more details download our Equity Release Everything Explained leaflet in Acrobat format
To download the FSA's Factsheet Raising money from your home click here
* Source GAD, Government Actuary Department