Why are families forced out as equity release firms make a killing? | Patrick Collinson

After her mother died, a daughter was given just one month to pack up and leave the family homeWhen June died at the age of 98 a few weeks ago, it was a painful time for her bereaved daughter, Rosemary. She had moved in eight years earlier to care for her mother, and now had to arrange the funeral, as well as sort out all the paperwork such as the will and death certificates.What she didn’t reckon on was a repossession demand from an equity release company to clear the house of everything