One in five residents create just take collateral using their property in order to support its cash during the after-life

One in five residents create just take collateral using their property in order to support its cash during the after-life The findings already been because the home loan company today declares the newest expansion of the union which have Legal & Standard (L&G) to expand the means to access later-lifestyle lending products in order to homeowning consumers, aged 55 many years as well as over A new study away from Santander British means that 25 % out of homeowning people carry out consider utilizing guarantee within property to help with their financial position inside afterwards-life. From today, Santander tend to get in touch with people, who they thinks would be entitled to this new later on-lifestyle lending options offered by Judge & Standard, to add more information concerning the solutions within the commitment Whenever expected what property owners manage discharge equity for, simply over a third (33%) told you they…

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