Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Equity release ‘allows homeowners to stay independent’
Friday, May 11th, 2012
Elderly homeowners who are facing having to move into a care home may be able to unlock some money from the value of their house to avoid doing so.Phyllis Wallbank, 93, turned to equity release after she was sent a bill for care costs for thousands of pounds from her ... read more
Equity release could cover rising fuel bills
Wednesday, May 9th, 2012
Homeowners aged between 55 and 95 may be concerned about the state of their finances after it was revealed energy bills are likely to go up at some point this year.According to research conducted by price comparison site uSwitch.com, online prices have started to creep upwards,even though standard tariffs are ... read more
EQUITY RELEASE GROWTH CONTINUES IN FIRST QUARTER
Wednesday, May 2nd, 2012
Plan sales and total lending rise with £83.7 million of untapped funds still to be drawn, KRS Equity Release Market Monitor shows
Download the full report at: http://www.keyrs.co.uk/press/MarketMonitorQ12012.pdf
Equity release growth continued in the first quarter of 2012 with both plan sales and total lending climbing, analysis from leading independent equity release adviser ... read more
Equity release ‘can plug pensions gap’
Tuesday, May 1st, 2012
Homeowners aged between 55 and 95 are likely to be increasingly tempted by using equity release plans to supplement their pension incomes in the future.According to a report by AOL Money, there is an "enormous gap" between the amount of money most people can expect to receive in their retirement ... read more
Equity release customers ‘fall into three categories’
Monday, April 30th, 2012
Older homeowners looking into ways to boost their financial situation in their retirement may be looking into ways of unlocking money from the value of their property.According to Matthew Clark, a chartered financial planner at Thomas Westcott wealth management, there are three types of people who want to use equity ... read more
Equity release ‘requires professional advice’
Friday, April 27th, 2012
Homeowners between the ages of 55 and 95 ought to seek professional advice if they are considering equity release schemes as a method of boosting their income in retirement.According to the Money Advice Service, this is a very "complex" area of personal finance and it is important those who are ... read more
Equity release customers ‘should discuss issue with family’
Tuesday, April 24th, 2012
Homeowners aged between 55 and 95 may be looking into ways to release money from the value of their property in a bid to improve their financial position in their retirement.But for those considering equity release plans, it is important to talk over all of the options and the impact ... read more
Equity release ‘suitable in many circumstances’
Monday, April 23rd, 2012
Many older homeowners are struggling to balance the books due to the state of the economy in the UK at the present time and they are likely to be examining their financial options.Although equity release schemes may not be the best choice for some people, there are a lot of ... read more
FSA criticised over equity release rules
Monday, April 16th, 2012
The Financial Services Authority (FSA) has been criticised by the Financial Services Consumer Panel (FSCP) over changes to rules surrounding the equity release industry.In a bid to make the situation easier and safer for those seeking advice on mortgages, sale-and-rent-back schemes and equity release schemes, the FSA announced that non-advised ... read more
Equity release ‘has rightful place in the market’
Tuesday, April 10th, 2012
The Personal Finance Society (PFS) has come out in support of equity release schemes, explaining the plans have a rightful place in the market.However, the chief executive of the organisation has called for tighter regulation of the sector in order to provide a level of protection for consumers looking to ... read more
