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Will Brits seek equity release advice as expert highlights annuity consultation failings?

Monday, September 13th, 2010
Middle England could end up subsiding high earners as a result of the government annuity plans, it has been claimed.This could see a number of people aged over 55 years contemplating a lifetime mortgage as a way of boosting their income through the value of their home.Pensions expert Dr Ros ... read more

Will Britons be tempted to take out equity release plans as expert says saving is getting harder?

Friday, September 10th, 2010
Britons are finding it harder and harder to save for their retirement, according to one expert.This could inspire a number of people aged over 55 years to think about using the value of their home to boost their finances through a lifetime mortgage.Robin Ellison, partner at Pinsent Masons, said people ... read more

Will equity release schemes increase in popularity as overdraft rates increase?

Friday, September 10th, 2010
UK banks have increased the cost of having an authorised overdraft over the last 18 months, new figures have shown.An alternative way for people aged over 55 years to ensure they have adequate funds is to utilise the value of their home through an equity release plan.Advice website Moneyfacts.co.uk has ... read more

Will equity release plans surge in popularity as number of people seeking retirement advice rises?

Thursday, September 9th, 2010
More and more people are seeking advice on how to finance their retirement, according to one consumer advice website.In turn, this could lead to a rise in the number of people aged over 55 years who seek equity release advice to see how a lifetime mortgage could boost their retirement ... read more

Could plummeting annuity rates inspire increased take up of lifetime mortgages?

Thursday, September 9th, 2010
Annuity rates are set to embark on a five year decrease, according to a number of independent financial advisors (IFAs).This could inspire a number of people aged over 55 years to use an equity release calculator to see how the value of their home could provide them with an additional ... read more

Are more people utilising their homes to boost finances through equity release?

Thursday, September 9th, 2010
The equity release market is in recovery as more people are confident enough to utilise some of the cash tied up in their property, it has been suggested.This could encourage a number of people aged over 55 years to seek equity release advice in order to see how their home ... read more

Could govt pension plans see teachers seek equity release advice?

Wednesday, September 8th, 2010
Teachers in Britain stand to lose thousands of pounds from their retirement funds as a result of the coalition's plans to change pension calculations, according to one union.This could inspire a number of teachers to seek equity release advice to see how the vale of their home could provide them ... read more

Could equity release schemes help those looking to save for retirement?

Wednesday, September 8th, 2010
Britons are beginning to look into new ways to save for their retirement, according to one expert.Those who have bought their home could be encouraged to seek equity release advice to see how the value of their property could provide them with an additional income.Charlie Thomas, executive editor of Pensions ... read more

Could a lifetime mortgage ease Britons’ debt woes?

Wednesday, September 8th, 2010
The number of people making calls to the Money Advice Trust's (MAT) National Debtline has more than doubled in the past year.One way for Britons aged over 55 years to ease their debt woes could be to release some of the value of their home through an equity release scheme.A ... read more

Pensioners Own Property Worth £775 Billion

Wednesday, September 8th, 2010
Average over-65 homeowner gains £1,717 in three months, Key Retirement Solutions Pensioner Property Index shows Retired homeowners have total property wealth owned outright of up to £775 billion after average gains equivalent to £1,717 each in the past three months, new research* from leading independent equity release adviser Key Retirement Solutions ... read more