Tuesday July 7, 2020

Unlocking the value in your home

There are various equity release products on the market for homeowners who are trying to free up some money, writes Ros Drinkwater.

27th January, 2013
Photo: Alamy

For many years, a financial product known as equity release offered a safety net to older homeowners in financial difficulties by allowing them to take a loan secured against the property. The crucial selling points were that it did not need to be repaid until the sale of the house, or the death of the owner, and the money could be taken as a lump sum or paid in instalments.

When these schemes mushroomed in...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 6 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago