Archive for the ‘equity release schemes’ tag
Exclusive plan expires 31st January 2012!
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/)
Biggest cash back deal from Just Retirement
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.
Not Enough Savings for Retirement Age
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.
Pensions Put Back May Mean More Relying on Equity Release
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.
More Providers Enter Equity Release Market
A “fair performance” from the equity release market in the first quarter of this year could be considered a catalyst for providers returning to the market and new ones entering it.
Equity Release Profile Growing
For many of those coming up to retirement age, equity release is playing a huge part in their lives, at least for those who understand how the sector works. Andrea Rozario, Director General of the Equity Release Trade Body, Safe Home Income Plans (SHIP), has reported that this year started out great for the market and the profile of equity release is growing, which has led to optimism in the sector.
More Info Needed on Equity Release Plans in the UK
Safe Home Income Plans (SHIP) recently reported that more information is needed when it comes to equity release plans in the UK. SHIP is based in the UK and is the equity release trade body.
Worry as Pension Schemes Face Radical Changes
Plans unveiled recently could mean that millions of individuals may be faced with having to pay more into pension schemes and have to work longer until they are able to draw on their pensions. This could mean that homeowners over 55 years old may need to look into equity release schemes for to supplement their pension incomes.
House Price Uncertainty Driving Homeowners Towards Equity Release
With there being uncertainly with regards to when the housing market will pick up, many homeowners around the age of 55 could consider an equity release schemes to guarantee that they are able to leave their children an inheritance.
Last Twelve Months Tough for Over-55s
The past twelve months have been tough for over-55s as shrinking salaries have failed to compensate for the increased cost of living and contributed to a rise in the average mortgage debt.
