SHIP’s Equity Release and State Benefits Campaign Gathers Pace
Towards the end of last month Safe Home Income Plans (SHIP) once again urged more clarity between equity release and state benefits by producing a questionnaire designed to garner feedback from advisors as well as customers.
SHIP Urge New Government to Promote Equity Release
The equity release trade body, Safe Home Income Plans (SHIP), has urged the new Conservative and Liberal Democrat coalition Government to “help to improve the standard of living for older people” and consider equity release as a tool for funding retirement.
More Equity Release Schemes Used to Help Family Members
There are many ways that an equity release scheme can benefit retired homeowners but it is not limited to just them. This is because an increasing number of equity release schemes are used by parents and grandparents to help out their family.
A Five Star Lifetime Mortgage
Homeowners approaching retirement and considering an equity release scheme might find the latest preferential lifetime mortgage available through Age Partnership particularly appealing.
Younger Homeowners Turning to Equity Release
According to new statistics released by Age Partnership, more homeowners aged between 55 years old and 64 years old are taking out an equity release scheme than a year ago.
A Good Month for the Equity Release Market
In the equity release market, the month of April could be seen as a vital month with homeowners increasing equity in their properties, further calls for the Government to consider equity release schemes and a robust start to 2010 highlighted by SHIP.
House Price Inflation Benefits Equity Release Customers
For the first time in almost two years, UK house price inflation has reached double figures, which could encourage homeowners to release equity from the value of their property.
Is Now The Time To Make The Most of Equity Release?
If you are considering equity release, now could be the perfect time to take out a plan. This is because house prices were 9% higher in March 2010 than in March 2009 according to the Nationwide.
Robust Start to 2010 for the Equity Release Market
The equity release market has made a solid start to 2010 according to Safe Home Income Plans (SHIP) after they released figures pertaining to the first quarter of the year.
It Makes Sense to Consider Equity Release
For many homeowners approaching retirement, planning for the future is taking on greater importance in the difficult economic climate and, according to one industry expert, equity release should be one of the options discussed.
