Homeowners are taking cash out of their homes to boost their retirement income at the quickest rate since 2004, suggests new figures.
Mortgage equity withdrawal (MEW) rose to £14.6bn in the last quarter of 2006 – from £12.2bn in the previous three months - according to the statistics from the Bank of England. In total, £49.7bn was...
Brings in recurring revenue of £700,000
27,000 ‘affordable new homes’ to London
795 in Croydon
'Reduce stress levels all round'
Six risk-rated, multi-asset portfolios
Fifth of advisers predict mass-exodus
Around half a day difference
Sales down 26% in last five years