Equity release: Your questions

Dean Mirfin and Michael Philps answered your questions

BBC Radio 4's Money Box Live was broadcast on Monday, 9 October 2006, at 1502 BST.

On Monday's programme, Money Box presenter Paul Lewis took your questions on equity release for older home owners and put them to a panel of expert guests.

Have you thought about raising money from the value of your home?

What are the pros and cons of equity release?

Who is it suitable for? Is it good value? And will it affect any benefits you receive?

Our panel of experts were here to give you advice.

Paul Lewis was joined by two independent financial advisers specialising in equity release, Michael Philps of Hinton & Wild and Dean Mirfin of Key Retirement Solutions.

Read the programme transcript

Presenter: Paul Lewis
Producer: Jennifer Clarke