Archive for the ‘Equity Release Guide’ Category
Getting the Right Equity Release Advice This Month
In what was quite a quiet month in the equity release market, a handful of positive endorsements caused the biggest commotion; notably David Blunkett’s approval of equity release schemes.
Five Reasons Why Equity Release Is Growing In Popularity
The month of January was an encouraging one for the equity release market, concluding with the positive statistics pertaining to the number of equity release schemes released in the final quarter of 2009. We have identified five possible reasons why confidence is returning to the equity release market.
Planning for the Future the Theme of Equity Release in December
In the grips of a bitterly cold December the mood of the equity release market in the final month of 2009 was one of future-planning with a focus on 2010.
Equity Release News Roundup – November 2009
It has been another busy month in the equity release market with further house price rises, Government changes to benefits allocations and more emphasis placed on future planning.
Are You Eligible For An Equity Release Scheme?
According to AXA research at the start of November almost one in five 25-34 year-olds plans to use an equity release scheme when they retire to supplement their income. With this potential increase in equity release popularity we thought it would be useful to highlight the criteria required to make the most of an equity release plan.
Equity Release - Many Pensioners’ Solution for a Comfortable Retirement
Pensioners have seen their income from savings and pensions fall dramatically this year, as they continue to feel the impact of the drop in interest rates. This has left many pensioners wondering whether equity release is the answer to their financial troubles.
Despite the drop in property prices many pensioners still have a considerable amount of equity on the homes, of which they could drawdown upon via an equity release plan. Releasing equity from their home may be the answer for many pensioners looking for a more comfortable retirement and for those wishing to supplement their current income.
Releasing Equity for a better retirement
Lifetime mortgages and home reversion plans are popular ways of releasing equity from your home. More people in the UK are starting to use the value built up in their home as a way to help them enjoy a better retirement. As the UK market grows, releasing equity couldn’t be easier. Today’s equity release schemes are more flexible and the majority are backed by SHIP (Safe Home Income Plans) to ensure that you will never owe more to the product provider than the value of your home.
Beginners guide to Equity Release Loans
Equity release loans can help you if you’re looking to raise a lump sum of cash for a costly purchase like a new car or home improvements, or simply consolidating some debts and credit cards to bring down those steep interest payments. Loan rates have never been lower than they are right now, and equity release loans are a safe and secure way to release some of the value locked in your house.
Release Equity Calculators
Lots of you will have heard about equity release but are reluctant to look into it further because you’re unsure how interest rates work on a lifetime mortgage. Release equity calculators are widely available online and designed to help you estimate the value of your remaining equity at various points in the future. Release equity calculators are quick and easy to use and are based on your personal circumstances and your view on house price inflation.
If you think a lifetime mortgage plan could change your life for the better then find out whether you’ll qualify with a release equity calculator. By entering your age and the value of your property, a release equity calculator will tell you firstly whether you’re suitable, and also the amount of equity you might be able to unlock from your home.
Is an Equity Release Lifetime Mortgage for you?
An equity release lifetime mortgage is proving to be an ideal solution for many UK homeowners over 55 who feel that their pension funds or current savings aren’t stretching enough for them to lead the life they want. That’s because an equity release lifetime mortgage allows you to unlock the value tied up in your home and you can use the cash as you wish without having to make monthly repayments or move out of your home. As with all financial planning it needs to be considered carefully alongside other financial options, which is why it’s important to get the very best advice from a trusted equity release lifetime mortgage provider.
