Equity release for petrol prices

Posted in Equity Release Property News

10th August 2010

Retired motorists could soon to be hit by a further increase in the price of petrol in a move that is likely to make many consider an equity release scheme.

According to RMI petrol, who own 6,000 out of the country's 9,000 forecourts, the price of unleaded is likely to see a massive 4p a litre price hike over the next few weeks.

It could mean an end to trips to see the family as those on a limited income struggle to afford the cost of running their car.

One solution that may be suitable for those over 55 is an equity release scheme.

An equity release scheme can help you to unlock the value that has built up in your home and could significantly boost your retirement income.

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