Customers should not use the information to form an opinion about equity release in relation to their individual requirements.
Could cost of living ‘reality check’ lead to increased use of equity release plans?
Tuesday, August 31st, 2010
Millions of people living in Britain have had to reduce their daily spending in order to survive during retirement, according to a new report.This could lead a number of people aged over 55 years to seek equity release advice in order to see how the value of their home could ... read more
Could calls for ‘simpler’ pension reforms lead to increased use of equity release?
Tuesday, August 31st, 2010
The coalition government's plans for auto-enrolment of pension are too complex, it has been suggested.This could inspire a number of people aged over 55 years to seek equity release advice in order to see how a lifetime mortgage could boost their income through the value of their home.A recently-published survey ... read more
Brits focusing on repaying debt, new statistics show
Friday, August 27th, 2010
In news that may be of interest to property owners aged over 55 who are considering equity release, savings levels have plummeted as financially concerned Brits give priority to repaying debt, new figures show.According to unbiased.co.uk, 7p of debt is being repaid by British consumers for every pound they saved ... read more
Could rising home values encourage equity release?
Friday, August 27th, 2010
Property owners across the country aged 55 and over may be encouraged to seek equity release advice to find out how the value of their home could boost their retirement funds as house prices continue to climb.The latest figures from the Land Registry have revealed that July 2010 recording 0.4 ... read more
British expats happy with overseas retirement decisions
Thursday, August 26th, 2010
British people continue to retire overseas and over-55s interested in joining them could achieve a similar feat using money raised from the value of their UK homes via equity release.The majority (71 per cent) of retired expats have no regrets over their decision to settle abroad, according to the third ... read more
Could equity realise help Brits realise their holiday dreams?
Thursday, August 26th, 2010
Over-55s may want to consider releasing some of the value of their home through an equity release plan in order to take a break from the UK's dismal weather with an overseas holiday.Many Brits are expected to jet out of the country this weekend in search of sunnier weather, according ... read more
Could equity release help self-employed people pay off debts?
Wednesday, August 25th, 2010
Self-employed people aged over 55 years may want to speak to an expert about how the value of their property could help them offset any debts through equity release.Debt charity Consumer Credit Counselling Service (CCCS), which deals with personal finances of the self-employed, has revealed that half of self-employed debtors ... read more
Couples should discuss how equity release could fund their retirement
Wednesday, August 25th, 2010
New research from Prudential has revealed that UK couples could be putting themselves at risk of poverty in old age by failing to talk about financial arrangements for their retirement.Over-55s who own property could consider measures such as equity release, which could provide a cash injection for them by releasing ... read more
Equity release could help people prepare for retirement
Tuesday, August 24th, 2010
People about to retire may want to consider speaking to an expert about releasing some of the value of their home through an equity release plan in order to meet the financial requirements involved.New figures from MGM Advantage's latest Retirement Nation Report have revealed that only five per cent (299,000) ... read more
Equity release could provide extra cash for buying a new car
Monday, August 23rd, 2010
Homeowners could be turning to equity release to raise extra cash to purchase a new car as new research shows the number of people planning to buy one is at a three-year high.According to the Sainsbury's Finance Car Buying Index, 7.68 million people intend to buy a car during the ... read more
