Centre for Policy on Ageing



Home equity — accumulation and decumulation through the life cycle
Author(s)	Peter Williams
Corporate Author	Resolution Foundation
Publisher	The Resolution Foundation (electronic format), London, March 2010
Pages	46 pp
Source	The Resolution Foundation, 2 Broomhouse Lane, London, SW6 3RD. Download at: http://www.resolutionfoundation.org
Keywords	Home equity release schemes ; Assets [elderly] ; Reports.
Annotation	A large number of households, including some of those on low incomes, own their own homes outright, others are in the process of buying them. Over time, they may need to draw on the store of wealth represented by that home. This report examines how households currently access this wealth, must obviously trading down and remortgaing for equity withdrawal. As formal equity release seems to one of the less significant channels, this report suggests how and what government policies might help in a period of reduced public expenditure. This report is published alongside a second paper, 'Funding future care need: the role of councils in supporting individuals to access the capital in their homes', also available from the Resolution Foundation website. (RH).
Accession Number	CPA-100401207 E
Classmark	WQB: JD: 6K
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...from the Ageinfo database published by Centre for Policy on Ageing.