Main content

The risks of Equity Release Mortgages
The cost of living has pushed more Over 55s to turn to Equity Release Mortgages, to get their hands on additional cash to help them survive their retirement. Equity release allows older homeowners the chance to borrow money against the value of their home or sell part of it in exchange for a lump sum or a regular income but some are only now realising that they face crippling repayments. Our finance expert Iona Bain explains the risks involved and the support available.
To watch this with subtitles, go to ´óÏó´«Ã½ iPlayer and search for Morning Live from 16/01/24.
Duration:
This clip is from
More clips from Morning Live
-
How to help push through tough moments
Duration: 05:58
-
What is ’The Bike Project’?
Duration: 06:54
-
How to best respond to someone having a stroke
Duration: 06:35