Finding the best equity release mortgage to fit your circumstances as a home owner is a task that can seem quite daunting. After all you are releasing equity from your home which is your primary asset. It is the reason you are considering this form of finance. You want to know how to go about getting an equity release mortgage and releasing the money tied up in your property.

Are the Treasury, Bank of England and FSA playing with our money again? What’s more will we know what they are doing? Under proposals announced today banks in trouble could get emergency loan assistance but the BoE wouldn’t have to declare it straight away. A period of “non-disclosure” is proposed to lessen the impact on consumer confidence.

Northern Rock announced yesterday that it has agreed to sell its portfolio of Lifetime home equity release mortgages to JPMorgan. The move will help pay back some of its loan to the Bank of England. Northern Rock has agreed to keep running the portfolio of equity release mortgage products on behalf of JPMorgan. Equity Release plans are more popular in the UK than they are in the US. They are aimed at people over 55 who want to release some or all of the equity they may have tied up in their homes. The sale of the equity release portfolio…