A helping hand- how clients use equity release

Equity release is traditionally thought of as a product used by people who have a specific need or want. Whether this is to improve their standard of living or a specific purpose, it is usually for reasons that will improve their lives. However, research from the Equity Release Solicitors’ Alliance (ERSA) has found this is changing. The negative effect the financial conditions are having on young people has been well documented, whether it is rising debt levels, rents and deposit sizes, or falling incomes and unemployment. But there is a direct correlation between this and increased dema...