{"id":122631,"date":"2021-10-17T15:00:23","date_gmt":"2021-10-17T08:00:23","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-is-on-the-rise-but-should-you-risk-it\/"},"modified":"2021-10-17T15:08:29","modified_gmt":"2021-10-17T08:08:29","slug":"equity-release-is-on-the-rise-but-should-you-risk-it","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-is-on-the-rise-but-should-you-risk-it\/","title":{"rendered":"Equity release is on the rise \u2013 but should you risk it?"},"content":{"rendered":"


\nHelping your loved ones get on the property ladder is getting easier and cheaper, but it is not without disadvantages or costsRising house prices are a double-edged sword for many families. Older generations have seen the value of their homes rise while their children and grandchildren struggle to get onto the property ladder. Now, in order to help their children buy a home of their own, many parents are dipping into the equity of their property.Equity release, a way for over-55s to get cash out of their property without the need to move home, is becoming more mainstream, with an increasing number of deals and lower rates available. There are twice as many products on the market as two years ago, and competition has pushed rates down: the very lowest interest rates are now around the 2.5% mark. Continue reading…
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\nSource : theguardian.com
\nRead more…Equity release is on the rise \u2013 but should you risk it?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Helping your loved ones get on the property ladder is getting easier and cheaper, but...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-122631","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vTV","jetpack-related-posts":[{"id":167373,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/uk-house-prices-could-rise-by-up-to-4-in-2026-as-interest-rates-fall\/","url_meta":{"origin":122631,"position":0},"title":"UK house prices \u2018could rise by up to 4% in 2026 as interest rates fall\u2019","date":"December 15, 2025","format":false,"excerpt":"\r City watchdog the FCA announces plans to help first-time buyers and self-employed get on the property ladderBusiness live \u2013 latest updatesHouse prices in the UK could grow by as much as 4% next year but getting on the property ladder may become slightly less difficult, according to forecasts from\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":96872,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/parents-join-the-madison-crowds-eager-to-help-their-offspring-get-onto-the-property-ladder\/","url_meta":{"origin":122631,"position":1},"title":"Parents join the Madison crowds, eager to help their offspring get onto the property ladder","date":"August 29, 2018","format":false,"excerpt":"\r Potential buyers defied an amber rainstorm, flooding and thunderstorm warnings to snap up nearly 70 per cent of the flats being offered at the cheapest urban development since housing policies were rolled out in late June, before mortgage rates rise further as expected in the next month. Fifty five\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":69904,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/home-equity-lines-of-credit-on-the-rise\/","url_meta":{"origin":122631,"position":2},"title":"Home equity lines of credit on the rise","date":"October 24, 2017","format":false,"excerpt":"\r CNBC's Diana Olick reports that as home prices rise some homeowners are taking out lines of credit on their homes to either renovate or consolidate debt at lower rates.\r \r Source : cnbc.com\r Read more...Home equity lines of credit on the rise","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":114095,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/equity-release-what-are-the-options-for-older-people\/","url_meta":{"origin":122631,"position":3},"title":"Equity release: what are the options for older people?","date":"February 7, 2020","format":false,"excerpt":"\r Taking cash out of your home is more popular than ever, but other choices could be better for youOlder people are withdrawing \u00a310m a day from their homes \u2013 adding up to \u00a33.4bn last year \u2013 and it\u2019s not just for new kitchens and dream holidays. New research reveals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":14424,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/generation-rent-only-26-of-young-adults-will-be-on-housing-ladder-by-2025\/","url_meta":{"origin":122631,"position":4},"title":"Generation rent: only 26% of young adults will be on housing ladder by 2025","date":"November 17, 2015","format":false,"excerpt":"\r Sky-high prices and rising interest rates threaten to lock 20- to 39-year-olds out of property ownership, PwC saysAlmost 60% of 20- to 39-year-olds in England will rent their homes by 2025, while just 26% will have got on the housing ladder, research shows.\u201cGeneration rent\u201d will find it increasingly difficult\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":67718,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/so-is-equity-release-really-that-bad\/","url_meta":{"origin":122631,"position":5},"title":"So is equity release really that bad?","date":"June 4, 2006","format":false,"excerpt":"\r Maybe not, says Jon Robins, but it pays to think carefully before unlocking the money in your homeAt a time of overstretched pensions and low interest rates, it is hardly surprising that many older homeowners are planning to cash in some of the equity in their homes to make\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122631"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=122631"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/122631\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=122631"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=122631"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=122631"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}