Largemortgageloans.com has launched largeequityrelease.com in a bid to grow its range of products and services.
Paul Welch, founder and chief executive, said: “The average yearly retirement income has dropped 15% since 2008 – it's now just £15,800, although house prices have gone up considerably in the past decade. It's no wonder people are turning to equity release to unlock the cash tied up in their most valuable asset.”
