Equity release set to grow in 2009
Independent financial advisors are confident that equity release is set to become more commonplace in 2009, a survey has shown.
With the current economic climate meaning that many mature homeowners are struggling to afford the comfortable retirement that they deserve, it is perhaps not all that surprising that many should now be considering a modern, regulated equity release plan to improve their lifestyle.
Interest in equity release increases towards the end of 2008
The survey, conducted by leading equity release provider, Hodge Lifetime, showed that almost two thirds (57%) of financial professionals had seen an uplift in interest in equity release during the final quarter of 2008.
The falling value of pension plans is causing many homeowners to realise that, by looking at equity release, they could meet their living costs and continue to stay in their own homes. Indeed, with the most popular form of equity release, the lifetime mortgage, you continue to own your home 100%.
Preferential equity release plans through Age Partnership
Hodge Lifetime, who conducted this latest survey into attitudes towards equity release, has made a preferential equity release plan available exclusively to clients of Age Partnership. We can also access you special improved plans from other leading providers such as Prudential, LV= and Norwich Union. Call freephone 08080 27 27 27 to find out whether you could benefit with an equity release plan through Age Partnership.
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