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Equity release: your questions

Sally West, Dean Mirfin and Andrea Rozario
BBC Radio 4's Money Box Live
Wednesday, 25 February 2009,
at 1502 BST
On Radio 4 and Online

On Wednesday's Money Box Live, Paul Lewis and expert guests took your phone calls and e-mails.

This week the panel advised you about using the value of your home to generate extra income in retirement, what's known as "equity release".

With house prices falling, is it becoming a less attractive option?

Which products are available and how do they work?

What questions should you ask providers?

How much can you expect to pay in fees, interest rates and legal expenses?

Will your benefits be affected?

And if Equity Release is not for you, what are the alternatives?

Where can you find free, impartial advice and information?

Paul Lewis was joined by:

• Sally West, income policy manager, Age Concern

• Dean Mirfin of Key Retirement Solutions

• Andrea Rozario, director general, Safe Home Income Plans

Presenter: Paul Lewis
Producer: Diane Richardson

Money Box



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External links and helplines
19 Feb 09 |  Moneybox
Raising funds with equity release
23 Sep 08 |  Business
Q&A: Equity calculator
16 Oct 07 |  Business
The ins and outs of equity release
04 Oct 07 |  Business


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