'Perfect storm' sparks record equity release sales

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The appeal of using property wealth as an extra source of retirement income continues to grow, according to figures indicating record amounts of equity release lending.

Lending in the second quarter of 2015 - at £384.3m - was the largest of any quarter since 2002, the Equity Release Council (ERC) reported. It said the period attracted more than 5,400 new equity release...

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