“Equity Release Can Allow Consumers to Fund Care”
Safe Home Income Plans (SHIP) has responded in a positive manner to Secretary of State for Health, Andrew Lansley’s comments regarding the ‘Commission on the Funding of Care and Support’.
House Prices Reach 2006 Levels
The constant improvement in the housing market in England and Wales has reached a level last seen in 2006, and many commentators believe that this will remain constant throughout 2010.
Fixed Retirement Age Won’t Restrict Employees Anymore
The fixed retirement age is to be scrapped, giving employees more options to remain in full-time employment.
Low, Fixed Interest Rate Lifetime Mortgage
Releasing equity is a great way to supplement your income in retirement and right now you could benefit from a low, fixed interest rate lifetime mortgage courtesy of Aviva and Age Partnership.
SHIP Encouraged By Second Quarter Performance
Safe Home Income Plans (SHIP), the trade body for the equity release market, have released figures pertaining to the performance of the market in the second quarter of 2010.
Three Quarters Say Equity Release is Right For Them
The Age UK report, released last week has suggested that over three quarters of equity release customers felt the plan was right for their needs. Plus 97% of customers suggested they were satisfied with the plan they took out.
Age UK Report Delights SHIP
Following the release of a research paper by Age UK, looking into equity release, Safe Home Income Plans (SHIP) – the trade body for the equity release market – have responded in a positive manner to the findings.
Homeowners Battle Recession by Releasing Equity
As many as a third of equity release customers are releasing some of the value from their homes to pay off debts.
According to new research commissioned by Age UK and carried out by The University of Birmingham, more homeowners are turning to equity release as a means of easing the burden of debt.
Pensioner Couples Need £222 a Week
The average pensioner couple will require £222 a week, excluding rent, to be able to live to an acceptable standard. This is according to research carried out by the Joseph Rowntree Foundation (JRF) and, with the pension crisis at the forefront of people’s thinking, it might make an equity release scheme an option in the future.
The Budget and House Prices Affect Equity Release
During the month of June the equity release market was once again affected by house prices, both positive and slightly negative based on different sources, whilst the “Emergency” Budget, announced by the coalition Government, also impacted on the equity release market.
