Archive for the ‘SHIP (Safe Home Income Plans)’ tag
SHIP Welcome Government Review of Benefits
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.
Steadying the SHIP in the Equity Release Market
The month of July will be defined by encouraging news for the equity release market, news that saw SHIP (Safe Home Income Plans) speak positively about the future of the market.
“Equity Release Can Allow Consumers to Fund Care”
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’.
SHIP Encouraged By Second Quarter Performance
Safe Home Income Plans (SHIP), the trade body for the equity release market, have released figures pertaining to the performance of the market in the second quarter of 2010.
Three Quarters Say Equity Release is Right For Them
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.
Age UK Report Delights SHIP
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.
The Budget and House Prices Affect Equity Release
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.
“Equity Release Would Seem the Logical Answer to Government Changes”
The “Emergency” Budget outlined by Chancellor George Osborne this week (22 June 2010) looks set to affect most people in the UK because of the rise in VAT. However, according to Andrea Rozario, director general of SHIP (Safe Home Income Plans), it could be the over 55 year olds that suffer the most.
Equity Release Could Help Homeowners Working an Extra Year
Following the Queen’s Speech this week (25 May 2010) many experts suggested that the age when people can claim a state pension could rise to 70 years-old, much sooner. This could see some homeowners turning to equity release.
SHIP’s Equity Release and State Benefits Campaign Gathers Pace
Towards the end of last month Safe Home Income Plans (SHIP) once again urged more clarity between equity release and state benefits by producing a questionnaire designed to garner feedback from advisors as well as customers.
