Archive for the ‘retirement’ tag
Is Equity Release the Answer to the Pension Crisis?
According to an All Party Parliamentary Group, equity release schemes could help Britain’s retired homeowners beat the pension crisis. However, they have stressed that better quality services, like high quality advice, should first be introduced by the equity release providers.
Five Reasons Why Equity Release Has a Bright Future
According to Safe Home Income Plans’ (SHIP) fifth annual members’ survey, the equity release market faces a bright future. There are five key factors that contribute to this.
Rising Debt Makes Equity Release Schemes More Relevant
Rising levels of debt is making equity release schemes more relevant as a financial option according to the Consumer Credit Counselling Service (CCCS).
Lifetime Mortgage Interest Rate Drop
Just Retirement has reduced the interest rate on their lifetime mortgage, which could save you thousands of pounds. Age Partnership customers can make the most of this preferential plan, which could also give you a £450 cash bonus when making the most of this lifetime mortgage.
Planning for the Future the Theme of Equity Release in December
In the grips of a bitterly cold December the mood of the equity release market in the final month of 2009 was one of future-planning with a focus on 2010.
House Price Rises Make Equity Release More Attractive
House prices in the UK are officially up on the previous year, which is welcome news for homeowners considering an equity release scheme.
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.
AIFA Urges Government to Re-Examine Obstacles to Equity Release
Ahead of the pre-Budget report on Wednesday 9 December 2009 the Association of Independent Financial Advisors (AIFA) has urged the Government to “re-examine obstacles to equity release so that there are fewer disincentives for consumers.”
Equity Release News Roundup – November 2009
It has been another busy month in the equity release market with further house price rises, Government changes to benefits allocations and more emphasis placed on future planning.
SHIP Express Disappointment That Equity Release Benefits Overlooked
The issue of care for the elderly has once again caught the attention of Safe Home Income Plans (SHIP) who feel that equity release has been overlooked by the Government in their Green Paper consultation.
