Tempted by equity release? You could save thousands with a retirement interest-only mortgage instead
The Daily Mail highlights the problems of equity release mortgages and quotes’ Ros’ views on the comparisons with retirement interest only mortgages. (link to pdf)
One thought on “Tempted by equity release? You could save thousands with a retirement interest-only mortgage instead”
I am very interested in the topic of equity release as I have relatives who took out a product with Bank of Scotland 20 years ago and they are concerned about their diminishing equity stake in their home. They are in their eighties now and it appears the issue will continue to escalate without external intervention.