Equity Release

Education, communication and co-operation are the three things the next government should focus on in order to improve retirement funding in the UK.This is the view of equity release trade organisation Ship, which said the Labour, Conservative and Liberal Democrat parties need to produce more than just "soundbites" as May ... read more

It is "ridiculous" to not consider equity release plans as an option when looking to boost retirement funds.This is the view of Andrea Rozario, director general at Safe Home Income Plans (SHIP), who said equity release schemes, which can provide homeowners with a regular income taken from their property assets, ... read more

Advice from the Department for Work and Pensions on the relationship between equity release and basic state benefits is "inconsistent and confusing" according to Safe Home Income Plans (Ship).Equity release schemes like lifetime mortgages are products which allow homeowners to access cash that may be tied up in their property.Ship ... read more

The average price of a UK property has increased by 5.2 per cent over the last 12 months to £168,521, according to the latest House Price Index from Halifax.This could come as good news to a number of people looking to boost their finances with a regular income from a ... read more

Staff at vehicle breakdown service the AA have voted in favour of a strike over proposed changes to the firm's pensions scheme.The dispute could lead a number of workers to seek equity release advice in a bid to safeguard their retirements.A ballot, which garnered a turnout of more than 87 ... read more

Britons are having their incomes restricted by a number of taxes which one online poll has described as unfair.Homeowners could be inspired to seek equity release advice to see if the value of their property could ease the impact of the UK tax regime, after one financial advice service compiled ... read more

The government should be raising awareness of equity release plans as a way for older people to pay for domiciliary care, according to one industry organisation.Equity release products such as reversion plans can ease the burden of paying for social care, SHIP, the equity release trade body has said.The comments ... read more

Almost one-quarter of people who are planning to purchase a new or used car in the next six months intend to take out a loan in order to do so, it has been revealed. People over 55 also have the option of generating this lump sum through an equity release ... read more

British workers have to be careful with their spending as the effects of the recession are still being felt, according to Santander.Data from a recently-released report by the bank has revealed that 81 per cent of Britons have made recent changes to their spending habits.According to the study, one in ... read more

The government should be doing more to ensure that people looking to take out equity release schemes can do so with more confidence.This is the view of SHIP, the equity release trade body, which said it was disappointed that Alistair Darling did not use yesterday's (March 24th) Budget announcement to ... read more