Can equity release help older home-owners improve their quality of life? (28th January 2010)
Around a million older home-owners have at least £100,000 of housing equity, yet they can’t afford the practical help they need to enjoy a good quality of life at home.
This Solutions document reveals how JRF has been working with local authorities, the equity release industry, voluntary bodies and relevant government departments to develop equity release packages that help older people access funds without threatening their entitlement to benefits.
Summary
Around a million older home-owners have at least £100,000 of housing equity, yet they can’t afford the practical help they need to enjoy a good quality of life at home.
This Solutions document reveals how JRF has been working with local authorities, the equity release industry, voluntary bodies and relevant government departments to develop equity release packages that help older people access funds without threatening their entitlement to benefits.
Summary
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