Equity Release News Roundup – October 2009
The top equity release news stories covered in the Age Partnership news blog during October 2009.
Credit Cards Terms Under Review as Equity Release Eases Debt
Managing credit card debt is currently under serious consideration by the government as the number of equity release plans taken out to pay back arrears increase.
Read the full story - Credit Cards Terms Under Review as Equity Release Eases Debt
Equity Release Scheme Reforms to Help with Care
Improving care for Britain’s aging population is currently taking precedent with the Government and this could lead to changes in equity release schemes.
Read the full story - Equity Release Scheme Reforms to Help with Care
Lower Incomes and Life Expectancy Could Increase Equity Release
The number of equity release schemes taken out in the future could rise considerably if plans to raise income tax are sustained. This, married with a continued rise in life expectancy levels could see equity release become a vital source to supplement income in retirement.
Read the full story - Lower Incomes and Life Expectancy Could Increase Equity Release
Enjoy a Low Equity Release Interest Rate for Life
Customers taking out an equity release plan with Age Partnership can make great savings and could also benefit from releasing more than they thought.
Read the full story - Enjoy a Low Equity Release Interest Rate for Life
Equity Release Could Boost Dwindling Savings
Over 40% of people in Britain are saving too little or nothing at all, leaving many potentially struggling in their retirement years but an equity release scheme could help ease the pressure. These findings were part of ABI’s (Association of British Insurers) Savings Manifesto released earlier this week (13 October 2009).
Read the full story - Equity Release Could Boost Dwindling Savings
Equity Release Plans Start To Increase Again
The number of equity release plans taken out by homeowners in the three months from July to September has increased when compared against the previous three months. This is according to research undertaken by Key Retirement Solutions (KRS).
Read the full story - Equity Release Plans Start To Increase Again
Exciting News for the Equity Release Market
According to The Pensions Policy Institute (PPI), the number of homeowners taking advantage of an equity release plan could increase by a third if a future forecast predicting a rise in pensioners housing equity is correct.
Read the full story - Exciting News for the Equity Release Market
UK Equity Rises as House Prices Improve Again
Homeowners considering an equity release scheme will be boosted by the news that house prices have increased for the fifth consecutive month, making them almost identical to the average price in September 2008. This comes after the Nationwide released their latest figures pertaining to the housing market.
Read the full story - UK Equity Rises as House Prices Improve Again
Retiring Workers Could Turn To Equity Release
With equity release schemes proving popular with thousands of retired homeowners in the UK, more couples and individuals could be set to take out such a plan. This is after the Default Retirement Age was upheld by a High Court Judge despite protestations from Age Concern and Help The Aged.
Read the full story - Retiring Workers Could Turn To Equity Release
Related posts:
