Lease for Life calculator
The belief is that significant growth in the use of equity release is only a matter of time, given the extent to which consumers have opted for property over pensions in saving for retirement in the recent past.
"The reality is declining levels of private pension provision and meagre state pension benefits will drive more people in this country to explore alternative ways to top up their income in later life,"
Some will work longer, but a very large number are already planning to use the value in their property."
