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.

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LV= are giving Age Partnership customers, considering an equity release scheme, the chance to save a little bit on the setting up costs with their preferential lifetime mortgage.

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According to LV=, 9% of over-50’s are planning to use their homes to help fund retirement, and it appears that over a third of them plan to enjoy it too. This is because Saga Personal Finance reported that 34% of homeowners taking out an equity release scheme – the most popular of which is a lifetime mortgage – plan to use some of the money for holidays and other leisure pursuits.

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Leading lifetime mortgage providers, Aviva, LV= and Just Retirement have reaffirmed their commitment to the equity release market. The three leading providers of lifetime mortgage plans were joined by a selection of other specialists this week when talking about the potential of the market.

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As independent equity release specialists, Age Partnership are perfectly placed to search the whole of the equity release market in order to find you the best deal possible. They could find you a preferential scheme from one of the many leading providers of equity release plans.

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If you are considering an equity release plan then LV=’s fantastic lifetime mortgage offer is not to be missed!
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Now is an ideal time for you to consider releasing equity. Not only could you have more equity in your property due to the reported 7.5% rise in house prices between February and July 2009 (source: Nationwide), but you can also secure the lowest fixed interest rate in the UK on a lifetime mortgage. This means you could save thousands of pounds over the life of the plan!

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