Treating Yourself with Equity Release
The recent house price rises could once again increase the popularity of equity release schemes, especially for those homeowners seeking to improve the quality of their lives in retirement.
More Good News For Potential Equity Release Customers
The trend of house price rises continued in May 2010 with the Nationwide reporting a 0.5% increase during the month. This could encourage some homeowners to consider an equity release scheme.
Five Top Reasons For Equity Release
Homeowners across the UK release equity for a whole number of reasons, whether it is about improving quality of life or managing debt. However, what are the five main reasons that people release equity from the value of their properties?
Equity Release Could Help Homeowners Working an Extra Year
Following the Queen’s Speech this week (25 May 2010) many experts suggested that the age when people can claim a state pension could rise to 70 years-old, much sooner. This could see some homeowners turning to equity release.
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.
