Equity release mortgages
There are four forms of equity release that you can take out should you decide equity release is for you. However, the most popular according to recent statistics, are the lifetime mortgages. Home income plans and drawdown plans are the equity release mortgages that are the least used. Home reversion plans are picking up interest again after a few fundamental changes to the industry and the regulations.
As equity release as an industry grows, one should expect these to proportionately grow in the ratios that they currently have.
