Archive for the ‘retirement’ tag
Pension Age Change Could Prompt Women to Turn to Equity Release
The proposed changes to the state pension age may mean a number of hard-hitting changes for many people, according to the warnings given by experts in recent media.
House Price Increases Highest in London
The past twelve months have been very up and down in terms of house prices but the Land Registry has produce positive results for the London area and the south in general. This could be good news for potential equity release customers in the area.
Is Equity Release Becoming an Integral Part of Retirement Planning?
Whilst the image and awareness of equity release schemes is still only just on the up, according to some industry experts it isn’t long until it becomes more important.
Eroding Pensions Makes Equity Release an Option
The 2.5% increase in VAT has already been credited with increasing the cost of living and now one retirement expert has also pointed out that rising inflation could also have a detrimental effect on retirees with fixed-rate annuities.
Get the New Year Off to a Good Financial Start
With the VAT increase from 17.5% to 20% likely to see a rise in the cost of living, many homeowners will be keen to get their finances in order in 2011. An exclusive drawdown lifetime mortgage for Age Partnership customers provided by Just Retirement could be what some over-55s are looking for.
Could Equity Release Help with the VAT Rise?
Since 4 January 2011, VAT in the UK has increased from 17.5% to 20%. This could considerably increase the cost of living. As a result some homeowners might be wondering how they are going to afford it. An equity release is one option for homeowners approaching retirement or already retired.
Pensioners “Worse Off”
The change to consumer price index from the retail price index for pensions could leave many retirees out of pocket. This may lead to many considering an equity release scheme to help boost their funds in retirement.
A Busy Month for the Equity Release Market
The month started with the on-going struggle between equity release and state benefits, with Safe Home Income Plans (SHIP) once again calling for there to be a better understanding of the relationship between the two.
Growing Concern About Cost of Living Amongst Over-55s
Nearly three quarters of over-55 year olds are concerned about the austerity measures and rising cost of living led by the VAT hike in January 2011. Homeowners concerned with the increase in the cost of living might consider an equity release scheme.
Will Baby Boomer Generation Need Help in Retirement?
Next March will mark 65 years and nine months since the end of World War Two, which would suggest the first wave of the baby boomers will be reaching retirement. This could see many of these considering an equity release scheme to help them out in the current climate.
