One in 30 relying on their homes to fund their retirement

8th September 2023 Consumer Lending | #housing equity

New research by Saltus has found that one in 30 respondents are planning for their home’s value to fund 100% of their retirement, while on average, respondents said they expect their property to provide funding for almost half (44%) of retirement Megan Jenkins Partner and Adviser at Saltus said “While historically, property has proved to…

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Total amount of housing equity estimated to be £616bn

The total amount of housing equity available to homeowners aged over 55 now stands at an estimated £616 billion, a fall from £624 billion in Quarter 4 (Q4) in 2022 according to the latest Halifax quarterly regional house price index and analysed by Canada Life. The average price of a property in the South East…

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