Below are three common myths surrounding Equity Release:

The Bank of Mum and Dad continues to be a regular presence in the UK housing market with 1 in 4 housing transactions dependent on the generosity of parents.

The main motivating factor for around 1 in 5 individuals when choosing to release equity from their home is to reduce mortgage debts and pay off any outstanding credit cards and loans.

Being able to support your family financially in times of need is something that many people wish they could do.