Produkty equity release – szansa czy zagrożenie dla polskich seniorów?

• Authors: Justyna Kłobukowska

Title variants

EN

THE EQIUTY RELEASE PRODUCTS – OPPORTUNITY OR THREAT FOR POLISH OLDER PEOPLE?

• Languages of publication: PL

Abstracts

EN

In the last years the financial markets have seen the growth of number and range of equity release products. These instruments are well known in the USA, Australia or European Union countries. The equity release products are essentially a special types of financial products that allows a homeowners, often over 60 years of age, to convert a portion of the equity in their home into cash (without requiring them to leave or sell their homes). The article characterizes types of equity release products and concentrates on Polish market. It also presents both the advantages and disadvantages of such a financial vehicle for Polish clients. In conclusion the author tackles the question whether equity release products are suitable proposition for older homeowners.

Keywords

EN

equity release; real estate; reverse mortgage; older people

• Publisher: Spółdzielczy Instytut Naukowy G. Bierecki sp.j.
• Journal: Pieniądze i Więź
• Year: 2013
• Volume: 16
• Issue: 1(58)
• Pages: 66-73

Contributors

author

Justyna Kłobukowska