Guides

Equity release can be a good way of releasing money built up in a home’s equity. So for those who have an interest-only mortgage and are thinking about using equity release to pay off an interest-only mortgage, we’ve looked at whether this is possible.

Is equity release a good way to pay off an interest-only mortgage

While equity release can be a good way for older homeowners to tap into the wealth they have built up within their homes, many will have concerns about how it will impact the inheritance they leave behind.

Many homeowners will have concerns about how equity release impacts the inheritance they leave behind.