Archive for the ‘SHIP (Safe Home Income Plans)’ tag
It Makes Sense to Consider Equity Release
For many homeowners approaching retirement, planning for the future is taking on greater importance in the difficult economic climate and, according to one industry expert, equity release should be one of the options discussed.
More Clarity Between Equity Release and State Benefits Needed
Safe Home Income Plans (SHIP) has called for more clarity about how equity release can affect state benefits and to achieve this, they have implored financial advisors to communicate their thoughts as well as those of their clients through a questionnaire.
Equity Release Could Help Concerned Retirees
According to new research, 61% of people approaching retirement in 2010 don’t believe that pensions and savings will provide a sufficient amount to be able to enjoy retirement. Homeowners amongst that percentage may consider an equity release scheme to help supplement income.
The Government Should Consider Equity Release for Social Care
The issue of funding social support for the elderly is one that has been brought back into focus with the latest Government White Paper. It is also an issue that once again sees equity release championed as a potential option for the elderly needing care.
Equity Release Market Affected by the Budget and House Prices
News in the equity release market during March was marked by fluctuating average house prices, inflation and pensions. With the announcement of the 2010 Budget during the month, it was inevitable that issues directly affecting finance would bring equity release into the headlines.
Equity Release Could Help Homeowners Relying on State Pension
According to new research from Safe Home Income Plans (SHIP), 93% of Britons plan to rely on state benefits when they retire and 61% expect to use a state pension. For many this might not be a sufficient enough pot to enjoy a comfortable retirement; something that 49% of Britons expect. This is why equity release schemes could be used to ensure a more comfortable retirement.
A 10 Point Guide To Lifetime Mortgages
If you are considering an equity release scheme, chances are that you will have encountered the term – lifetime mortgage – on a few occasions.
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.
Age Partnership Voted Best Equity Release Mortgage Broker 2010
At the recent Mortgage Strategy Awards, Age Partnership was voted as the leading equity release mortgage broker for 2010. The over-the-phone, independent equity release specialists triumphed in a competitive section and claimed an award that recognised their commitment to the market.
Getting the Right Equity Release Advice This Month
In what was quite a quiet month in the equity release market, a handful of positive endorsements caused the biggest commotion; notably David Blunkett’s approval of equity release schemes.
