Property wealth is key to care funding for over 55s

Property wealth is growing in importance for funding care in later life as faith in savings and pension income falls, a new report ‘Tackling the Care Question’ from the UK’s leading over-55s specialist adviser Key shows.

Older homeowners release £1.42 billion of property wealth

Pandemic hits Q2 volumes as customers numbers fall by 27%. Customers focused on repaying debt rather than holidays or home improvements. Low interest rates enable one in eight customers to switch plans Key’s H1 2020 Equity Release Market Monitor shows.

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