Just Retirement adds age-banded rates to eq release

The rates start from 6.05% AER for ages 60 to 65 and go up to 6.35% AER for ages 81 and up. Just Retirement has also expanded the distribution of the product into Scotland and Northern Ireland. The move comes as the annual house price inflation rate in Northern Ireland reaches 29.1%, the highest in the UK and well above the 10.7% national average, according to the Halifax House Price Index. Meanwhile, Scotland’s house price inflation has reached 15.9%, according to the Quarterly House Price Index. Paul Cowman, head of equity release at Just Retirement, says: “Taking into account the sc...