Wednesday, Aug 27, 2008
Unless they can sell and downsize - illiquid goldmine will be circled by equity release sharks!
MoneyMarketing: UK Elderly sitting on £726bn equity
Homeowners aged 65 and over still have £726.43 billion of equity in their homes. The latest findings from Prudential's Equity Release Index reveals that despite falling house prices, homeowners aged 65 and over still have billions in equity remaining - over 40 per cent of which belongs to those living in London and the South East.
Posted by whostolemyendowment @ 04:01 PM (162 views) Add Comment
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