Just Retirement: Equity release customers fail to claim benefits

Research from Just Retirement Solutions, the advice arm of Just Retirement Group has revealed more than half of customers seeking advice on equity release were failing to claim state benefits, with many homeowners in poverty. "The figures provide more compelling evidence of a ‘squeezed middle' who are finding it hard to make ends meet," said Stephen Lowe, group external affairs and customer insight director. The research found: 20% were failing to claim any benefit, up from 18% in 2010 On average these people are losing £872 a year, with the biggest loss at £8,766  34 % are r...