Archive for the ‘equity release advice’ tag
Customers Taking Longer to Research Equity Release
According to new research from the Equity Release Solicitors Alliance (ERSA), 40% of equity release customers are spending six months or more researching the market before taking out a plan.
Get the equity release facts with impartial, no-obligation advice
As independent equity release specialists Age Partnership can search the entire equity release market to find you the best plan. We’ll discuss all your requirements and provide you with free initial advice that is impartial.
Equity Release alliance for brokers launched
The Independent Equity Release Adviser Alliance (IERAA) has been launched by a group of equity release brokers to promote specialist advice in the sector.
The IERAA launched on July 8th and aims to promote use of experienced advisers, independent lenders, and encourage select equity release brokers to come on board.
How do I know if I qualify for Equity Release?
If you are a homeowner and are aged 55 or over you could qualify for equity release, and you could benefit from releasing a tax-free lump sum or an additional regular income from your home.
Your final eligibility will depend whether your home meets the general property requirements needed for your chosen equity release product.
Take equity release advice from a specialist, advises charity
A spokesman for a leading charity for the elderly has highlighted the importance of taking good quality financial advice when considering equity release.
The charity’s Chief Executive has stated: “Many older people who are ‘asset rich, cash poor’ look to equity release as a way of raising extra cash and, for some people, it can be a very good way to help ease financial pressures in later life.”
