Release cash & choose your interest payments
Did you know that as an Age Partnership client you can access a unique interest-only lifetime mortgage?
With this flexible plan you can unlock a tax-free lump sum of money from your home and choose to pay as little or as much of the interest each month* – it’s up to you.
There’s also a high cash release option – so you could unlock more money than you thought!
And, as with all lifetime mortgages you maintain 100% home ownership and there’s a no-negative equity guarantee.
By choosing to pay some or all of the interest you can reduce the impact it will have on the size of your estate over time. Plus, with this plan you could safeguard an inheritance at no additional cost.
The overall cost for comparison is 6.6% APR. If you choose the maximum cash release option the overall cost for comparison is 8.0% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
* The minimum monthly payments are £25 month. If the repayments are not made then any remaining
interest is rolled up and added to the initial amount unlocked from your property.
Plan availability is subject to lender’s criteria and affordability.
For more information please follow this link http://www.agepartnership.co.uk/equity-release/things-to-consider/
Exclusive plan expires 31st January 2012!
Exclusive equity release plan – limited offer
Application deadline – Tuesday 31st January
Only Age Partnership clients can benefit from this exclusive plan from Just Retirement.
This special lifetime mortgage comes with our lowest interest rate and a free property valuation so there’s nothing to pay on application.
But that’s not all! We’ve also increased the cash back on this plan to £1000 - for a limited time only!
The benefits of this exclusive plan:
- Free property valuation!
You can take advantage of a free property valuation – this means there’s nothing to pay on application. - Lowest interest rate on the market!
As an Age Partnership client you can access a lower interest rate than by going direct through Just Retirement or through a typical financial advisor. - £1000 cash back!
Available on completion.
The overall cost for comparison is 6.4% APR. The actual rate will depend upon your circumstances. Ask for a personalised illustration. Simply call freephone 0808 141 6464 to receive your no-obligation quotation today.
For more information please follow this link (http://www.agepartnership.co.uk/equity-release/things-to-consider/)
Fast Track 100 success for Age Partnership!
Retirement specialist, Age Partnership, has been ranked amongst the UK’s fastest growing private companies in the Sunday Times’ Fast Track 100 for 2011.
Despite its core market of equity release having gone through a challenging period, Age Partnership managed to achieve impressive annual growth figures of 57.11% over the last 3 years, placing it at number 73 in the prestigious league table.
Founded in 2005, Age Partnership has become the UK’s leading over-the-phone equity release adviser, accounting for almost a quarter of all plans taken out in the UK today.
At the start of the year, the company launched an innovative annuity comparison service, giving customers the ability to compare and buy annuities free of charge. Whilst originally launched as a direct-to-consumer offering, this service has also proven to have appeal amongst financial services professionals, who are able to use the service as a fee-generating referral outlet for lower-value annuity clients, who would not otherwise be commercially viable to them.
The company now employs 90 people at its office in Leeds and has recently taken on additional office space to accommodate further aggressive growth plans for 2012, when it plans to create a further 30 jobs.
Chief Executive Officer, Tim Loy, says:
“It’s been a fantastic few years for the company, and to achieve what we have despite the challenging economic climate is something of which we’re extremely proud.
“The credit for this goes to the fantastic team that we have at Age Partnership. The dedication that all our colleagues show towards innovation and exceptional customer service is second to none.
“We’re now looking forward to building on our success to date to become the UK’s number one choice for retirement income solutions.”
Low interest rate from Aviva expires soon – last chance!
The next few weeks could be the last chance customers have to secure the preferential low interest rate that’s fixed for life with the Flexible lifetime mortgage from Aviva.
Customer who qualify for this particular plan from Aviva could benefit from a low interest rate of 6.32% annually. The overall cost for comparison is 6.60% APR. However this rate will only be available until the 31st October 2011.
Age Partnership will continue to have other exclusive plans with Aviva that incorporate more great features though – including the Enhanced Lifetime Mortgage that allows customers to release up to 55% of their property’s value.
Other great benefits include;
- Preferential low interest rate
- Free property valuation
- £200 cash back when your plan completes
- Inheritance guarantee
- No monthly repayments
If you’re interested in finding out more about the Aviva plans available, get the facts from Age Partnership today with independent and impartial advice. Qualified advisers will make sure that equity release is right for you and discuss your other options, including what impact releasing equity will have the size of your estate over time. The specialists at Age Partnership can also advise you if your entitlement to means-tested benefits could be affected.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
Plan availability is subject to lender’s criteria.
Maximum cash release of 55% is dependant on age and health. Example provided is based on a 90 year old client with health conditions.
Equity release may involve a lifetime mortgage or home reversion plan. To understand the features and risks ask for a personalised illustration.
We provide initial advice for free and without obligation. Only if you choose to proceed and your case completes would a typical fee of 1.6% of the amount released be payable.
Biggest cash back deal from Just Retirement
Our latest equity release plan from Just Retirement has some great features;
- £600 cash bonus when your plan completes
- Free property valuation (so it won’t cost you a penny to apply for this plan)
- Preferential low interest rate that can be fixed for life, saving you thousands of pounds
- Cash reserve facility in case you require more money in the future
And, did you know that house prices were higher in July than June, according to mortgage lender Nationwide? So you could have more equity in your home than you think!
This fantastic plan also allows you to release tax-free cash from your home over time, as and when you needed it, reducing the amount of interest that is accrued. What’s more, with this brand new lifetime mortgage from Just Retirement you to maintain 100% homeownership and there are no monthly repayments to make!
For more information please follow this link http://www.agepartnership.co.uk/equity-release/things-to-consider/
The overall cost for comparison is 6.9% APR. Plan availability is subject to lender’s criteria.
The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
Don’t fall short with your annuity – consider acting quickly
Millions of retirees could be affected, as European and US debt problems have a negative impact on annuity rates.
This means that if you’re approaching the time when you want to turn your penson pot into an annuity (an income for life) you should consider acting sooner rather than later.
It’s essential that you not only shop around for the best rate, but that you also find out if you qualify for an enhanced annuity, which can mean a bigger income. Minor lifestyle choices such as drinking or smoking and common medical conditions such as high blood pressure or diabetes can enhance your retirement income.
In fact, did you know that 77% of people are missing out on additional income in retirement by not enhancing their annuity?
Source: The Independent & www.MGMadviser.com
Up to 37% more tax-free cash available through Age Partnership with no monthly repayments to make
This brand new enhanced plan allows you to release more money from your home whilst maintaining full ownership. It takes into consideration your health and lifestyle to calculate your equity so you could access more funds than before. As an Age Partnership client you could also access exceptional plan terms saving you up to £11,504*.
These include a preferential low interest rate that isn’t available direct through Aviva and a free property valuation – or £270 off the fee if your house is worth more than £250,000. Plus, you’ll also receive a £200 cash bonus when your plan completes.
But that’s not all! You can choose to guarantee a proportion of your property’s value at no extra cost.
The overall cost for comparison is 7.8% APR. Plan availability is subject to lender’s criteria. The actual rate available will depend upon your circumstances. Ask for a personalised illustration’.
You could release up to 37% more money with this brand new enhanced lump sum max lifetime mortgage compared to the standard lump sum max plan available before 18th July 2011.
*As well as the cash bonus and free property valuation, worth up to £470, if you were to release £45,000 you could save £11,304 in interest (over 20 years) with our preferential plan compared to going direct through Aviva. This is a total saving of up to £11,504.
For more information please follow this link http://www.agepartnership.co.uk/equity-release/things-to-consider/
The Reform of Pensions Needs Shifting a Generation
As people today tend to live longer and continue to work longer, it has been said that a tax reform is critical. The removal of the requirement to have to purchase an annuity plan before the age of 75 has been generally welcomed by the financial industry as a step in the right direction and it is thought that this will help to avoid a dependency on annuities.
Not Enough Savings for Retirement Age
The Scottish Widows seventh annual pensions report suggests that individuals are failing to save adequate money for their retirement. Therefore it is likely that there could be an increase in the amount of individuals 55 years old or more seeking out equity release schemes at some time during their retirement.
Pensions Put Back May Mean More Relying on Equity Release
The proposal by the government to put back the age at which pensions may be drawn may leave some pensioners struggling financially and could see more relying on equity release.
