Equity release has become an increasingly popular financial solution for homeowners looking to unlock the value tied up in their property. However, many individuals remain unsure about the mechanics behind this option and its implications. If you're considering equity release, it's crucial to understand how it works to make informed decisions about your financial future. What is Equity Release? Equity release allows homeowners, typically those aged 55 and above, to access a portion of the equity tied up in their property while continuing to live there. This financial arrangement provides individuals with a lump sum or regular income, offering financial...