Is equity release a good way to pay off your home loan?

You’ve been paying interest only, but finding a large sum to cover the capital is a problem. We look at equity releaseThe number of people raiding the equity locked up in their home to pay off their interest-only mortgage is set to rocket. But is signing up for an equity release plan a good idea? And what are the other options for those who took out an interest-only deal perhaps 20-25 years ago who are now staring down the barrel of a hefty shortfall?The City watchdog has identified 2017-1