Equity release offers more options

Posted in Equity Release Property News

9th August 2010

The decision to hold Bank of England interest rates at their lowest level ever for the 18th consecutive month could start those approaching retirement thinking about an equity release plan.

The historically poor interest rates on savings mean that those planning to derive an income from interest on their hard-earned cash will continue to see poor returns.

However the strength of the housing market over the last few decades could provide an alternative solution and a way to boost retirement income.

An equity release scheme from Age Partnership could help you to release the value that's built up in your house to boost your retirement income and could also provide a useful cash lump sum.

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