Equity Release

House prices in the UK continued to rise last month, according to new figures from building society Nationwide.This could encourage a number of homeowners to use the increased value of their property to supply them with a tax-free cash payment through the use of an equity release plan.Figures from Nationwide's ... read more

The average value of a UK property now stands at £165,596 after increasing 0.2 per cent between March and April, according to new figures.This could come as good news to homeowners aged over 55 years who are considering using the value of their property to provide them with a tax-free ... read more

Between 2001 and 2009 the average price of a UK property in a seaside town increased by 92 per cent, according to new figures.This could tempt a number of people aged over 55 years who live by the sea to take out an equity release plan and utilise some of ... read more

Homeowners considering using the value of their homes to increase their finances could be set to benefit from improved knowledge of the equity release sector.This could help ease the minds of a number of people looking to boost their income through the use of a lifetime mortgage.Equity release trade body ... read more

Demand for equity release is as strong as ever, despite the current uncertainty surrounding the economy, a leading expert has stated. The chairman of the Equity Release Solicitors' Alliance, Claire Barker, said that there has not been a decline in the number of people looking to supplement their finances through ... read more

House prices have increased by almost ten per cent in the UK over the last year, according to new official figures.This could come as good news to homeowners who are considering using the value of their property assets to boost their retirement income through the use of a lifetime mortgage.According ... read more

Britons may wish to learn more about equity release schemes to support their income after hearing suggestions that the recession is not yet over.Mike Fosberry, president of the Personal Finance Society, said that the UK is not yet out of the economic downturn and is not closer to resolving the ... read more

House prices are rising in the UK despite the political uncertainty in the country, it has been suggested.This could come as good news to a number of homeowners who are considering using the value of their property assets to boost their finances through a lifetime mortgage.According to the latest Housing ... read more

UK house prices have increased by 10.5 per cent in the last year, according to a new report.This could encourage a number of retired people to cash in on the value of their property assets with a lifetime mortgage, which can provide them with a regular income or a lump ... read more

Homeowners should ensure they have agreements in place with their mortgage lenders to ensure they are not still making payments when they have retired, according to independent advisor Alexander Hall.The comments follow the publication of a report by Key Retirement Solutions, which revealed that 27 per cent of pensioners still ... read more