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Release equity where and how?
I assume by using an equity release firm that gives a lump sum in exchange for a proportion of the property value when they die.
It's an area with a bit of a bad reputation in the UK and there seem to be plenty of dubious companies operating in the space but given the increasing value of properties I can see it getting more popular.
aggi
Release equity where and how? They are already in the smallest house they can be in their area. Are you talking forced deportation to other areas of the country?
It's just their "luck" to have a home now worth what it is. They also couldnt afford the fees and stamp duty to move.