Archive for the ‘Equity Release Guide Articles Age Partnership’ Category
Last Twelve Months Tough for Over-55s
The past twelve months have been tough for over-55s as shrinking salaries have failed to compensate for the increased cost of living and contributed to a rise in the average mortgage debt.
Report Reveals 40% of Home Reversion Schemes Used to Repay Mortgage
This month, a study investigating why customers choose home reversion schemes and how they choose to use their extra cash, revealed more than 40 percent use it to repay an existing mortgage.
House Price Increases Highest in London
The past twelve months have been very up and down in terms of house prices but the Land Registry has produce positive results for the London area and the south in general. This could be good news for potential equity release customers in the area.
Why Will the Government Still Not Engage with Equity Release?
The relationship between equity release and funding retirement has once again been brought into the limelight by Jon King, Managing Director of More2Life. Speaking to Mortgage Strategy he questioned why the “government still [will] not engage with equity release and the solution it can provide.”
The Growing Influence of Equity Release
The influence of equity release appears to be growing with much of September’s news focusing on this.
The month started with news of house price drops again but this was tempered by long term encouragement for the housing market, which included forecasted 22% rises in value by 2015.
Equity Release Affected By and Affects the Economy
Over the past month, the equity release market has continued to be affected and possibly affect the poor economic climate. During August house prices dipped but, with retirement ages being put back and pensions reduced by the recession, the value of equity release – as a source of income in retirement – remains.
Best Equity Release Advisors
Age Partnership, the independent equity release specialists, have been voted as the Best Equity Release Advisors by the What Mortgage 2010 awards.
Could Equity Release Help with Increased Cost of Living?
Many UK households are concerned about the increases in cost of living, leaving some fearing that they won’t have enough income. Yet, for homeowners over 55-years-old, an equity release scheme could give them the supplement to income needed to sustain a certain lifestyle.
Steadying the SHIP in the Equity Release Market
The month of July will be defined by encouraging news for the equity release market, news that saw SHIP (Safe Home Income Plans) speak positively about the future of the market.
Could Equity Release Improve Self Esteem?
A study produced by Aviva has identified a link between financial control and happiness, which might encourage some homeowners to consider equity release.
