Equity Release from Age Partnership

Release cash & choose your interest payments

equity release advisor — Wed, 01 Feb 2012 12:38:36 +0000

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!

equity release advisor — Wed, 25 Jan 2012 10:50:12 +0000

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!

Janice-Walsh — Tue, 06 Dec 2011 13:22:00 +0000

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!

Janice-Walsh — Thu, 13 Oct 2011 15:03:41 +0000

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 31^st 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

Janice-Walsh — Wed, 07 Sep 2011 08:58:38 +0000

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

Janice-Walsh — Wed, 31 Aug 2011 12:33:09 +0000

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

No related posts.

Up to 37% more tax-free cash available through Age Partnership with no monthly repayments to make

Janice-Walsh — Fri, 26 Aug 2011 13:17:01 +0000

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

Mark-Blanchfield — Tue, 28 Jun 2011 09:38:06 +0000

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.

Along with these changes, tax options for those coming up to retirement age should be improved.

Being Able to Enjoy Retirement

At the moment, residual pension funds are taxed after death and some are calling for a roll over in the funds that are left following the death of the pension holder to the funds of their beneficiaries. This step would then help future generations, who are at risk due to low contribution rates, and would mean a meaningful contribution for the next generation.

Thanks to low pension funds, many approaching retirement age have opted to look into equity release schemes which may help to ensure they have extra money during their retirement. Their other option is to purchase an annuity to top up their income to what is determined to be the minimum requirement. Some say there should be more flexibility over what actually constitutes minimum income.

Many pensioners find themselves short of cash despite having a little more than the minimum income needed. As some feel they are working all their life and then having to scrimp and scrape in their retirement years, releasing any equity in their property could help the retired to enjoy their retirement.

Not Enough Savings for Retirement Age

Janice-Walsh — Fri, 24 Jun 2011 09:36:23 +0000

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.

The report from Scottish Widows made the discovery that retirement provisions have been low and remain low despite the fact that there is no getting away from ageing and eventually having to retire. Around one fifth of individuals have failed to save enough money towards their pensions, despite the fact that three quarters did understand the importance of taking responsibility for their own finances, rather than relying on state pensions alone.

Helping to Bear the Burden of Retirement

Individuals should be looking at putting away around an average extra £58 per month (based on £25,402 average salary and 9.3% and 12% saving rates). However many fail to look ahead from a younger age and leave it too late to start saving.

A representative from Scottish Widows said that even the younger generation should plan for retirement by saving. Due to the lack of funds many have in the bank and a lack of a saving culture many homeowners and future homeowners may find themselves turning to equity release schemes in retirement. The money locked up in the home could help to make retirement easier, giving homeowners a greater chance to enjoy their golden years.

Currently the report suggests that individuals were looking to retire at the age of 61, which is the same retirement age stated when the study was conducted this time last year.

Pensions Put Back May Mean More Relying on Equity Release

Janice-Walsh — Mon, 20 Jun 2011 09:41:41 +0000

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.

Initially the pension age was to be equalised to 65 in 2020 and 66 by 2026; agreed when the Coalition Government came to power. This has now been altered to 65 years old for men and women by 2018, leaving many two years short to plan for their retirement.

Around 300,000 women are thought to be affected by this proposal; those born between 1953 and 1954. Many affected by this will have to work two more years than originally planned before they are able to claim their pensions.

Some women will have just seven years to prepare financially and one of the choices may well be looking into equity release schemes to release money from the equity in the property.

An Unfair Decision

Equity release schemes are of course just one of the ways that women, worried about their finances, could find income. It is a very plausible option that many may turn to it if they find themselves short of cash before being able to begin drawing their pension.

It has been called unfair that around 300,000 women, many of whom have worked hard all their lives, will be affected and be hit by the decision to change the retirement and pension age.