Equity Release from Age Partnership

Archive for the ‘retirement’ tag

Could Equity Release Help with Increased Cost of Living?

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Many UK households are concerned about the increases in cost of living, leaving some fearing that they won’t have enough income. Yet, for homeowners over 55-years-old, an equity release scheme could give them the supplement to income needed to sustain a certain lifestyle.

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Written by Janice-Walsh

August 25th, 2010 at 8:35 am

Can Equity Release Help Unemployed Over-55’s?

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The amount of over-50’s in long-term unemployment has risen by 50% over the past year to take it to a ten-year high. However, as many homeowners over 55-years-old continue to struggle with the recession, an equity release scheme could provide them with the access to much needed funds.

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Written by Mark-Blanchfield

August 17th, 2010 at 9:13 am

Posted in Equity Release

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More People Working Beyond 65 Years Old

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Over 40,000 people aged 65 years old or more have joined the UK workforce in the past three months, the largest quarterly rise of its kind. With limited funds available in retirement cited as the chief reason for this rise in numbers, equity release could help some of those homeowners enjoy their retirement.

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Written by Mark-Blanchfield

August 13th, 2010 at 8:49 am

SHIP Welcome Government Review of Benefits

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The relationship between equity release and the UK benefits system is one that continues to leave both intermediaries and consumers confused. Therefore, it was with open arms that SHIP (Safe Home Income Plans) received the news of the Government’s decision to review benefits and how they affect equity release.

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Written by Janice-Walsh

August 11th, 2010 at 11:08 am

“Equity Release Can Allow Consumers to Fund Care”

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Safe Home Income Plans (SHIP) has responded in a positive manner to Secretary of State for Health, Andrew Lansley’s comments regarding the ‘Commission on the Funding of Care and Support’.

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Written by Mark-Blanchfield

August 2nd, 2010 at 4:31 pm

Fixed Retirement Age Won’t Restrict Employees Anymore

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The fixed retirement age is to be scrapped, giving employees more options to remain in full-time employment.

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Written by Mark-Blanchfield

July 30th, 2010 at 12:30 pm

Posted in Equity Release

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Three Quarters Say Equity Release is Right For Them

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The Age UK report, released last week has suggested that over three quarters of equity release customers felt the plan was right for their needs. Plus 97% of customers suggested they were satisfied with the plan they took out.

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Written by Mark-Blanchfield

July 15th, 2010 at 10:00 am

Age UK Report Delights SHIP

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Following the release of a research paper by Age UK, looking into equity release, Safe Home Income Plans (SHIP) – the trade body for the equity release market – have responded in a positive manner to the findings.

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Written by Janice-Walsh

July 14th, 2010 at 10:30 am

Pensioner Couples Need £222 a Week

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The average pensioner couple will require £222 a week, excluding rent, to be able to live to an acceptable standard. This is according to research carried out by the Joseph Rowntree Foundation (JRF) and, with the pension crisis at the forefront of people’s thinking, it might make an equity release scheme an option in the future.

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Written by Janice-Walsh

July 8th, 2010 at 8:22 am

The Budget and House Prices Affect Equity Release

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During the month of June the equity release market was once again affected by house prices, both positive and slightly negative based on different sources, whilst the “Emergency” Budget, announced by the coalition Government, also impacted on the equity release market.

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Written by Mark-Blanchfield

July 6th, 2010 at 3:28 pm