Pensioner Investment/Savings

Customers should not use the information to form an opinion about equity release in relation to their individual requirements.


Will inflation ‘horror’ inspire homeowners to take out lifetime mortgages?

Tuesday, May 18th, 2010
The UK is facing its worst inflation for 19 years after the Consumer Prices Index (CPI) and Retail Prices Index accelerated from 3.4 per cent to 3.7 per cent and 4.4 per cent to 5.3 per cent respectively in April.This could encourage a number of people to free up some ... read more

Will subdued increase in household wealth boost use of lifetime mortgages?

Monday, May 17th, 2010
Household wealth in the UK increased by just 18 per cent in the noughties, compared to a rise of 108 per cent in the 1980s, according to new a new report.The figure could tempt a number of homeowners to seek equity release advice to find out how the value of ... read more

Could an equity release scheme help pay for homeowners’ gardening plans?

Monday, May 17th, 2010
Almost 75 per cent of UK households are set to start a garden project at their home this year, according to new research.A number of those planning to spruce up their garden areas could be inspired to take out a lifetime mortgage, which could help pay for the project with ... read more

Will equity release schemes and the scrapping of compulsory annuitisation lead to retirement flexibility?

Friday, May 14th, 2010
The decision of the new coalition government to scrap compulsory annuitisation at 75 years has been welcomed by one industry body.This move, along with the use of equity release plans, could lead to a more flexible retirement financing regime for homeowners in the UK.Sun Life of Canada said the decision ... read more

Personal insolvency rise may boost demand for equity release plans

Wednesday, May 12th, 2010
Equity release schemes may be in demand as Britons struggle to repay debts and the number of personal insolvencies rises.New figures from the government's Insolvency Service show that more than 35,000 people filed for insolvency in the first three months of 2010.This was an increase of 17.9 per cent from ... read more

Will tax increase expectations lead to rise in use of equity release plans?

Monday, May 10th, 2010
UK homeowners still expect post-election tax hikes to occur despite the political uncertainty that hangs in the air.This could lead a number of people to look into boosting their finances by taking out an equity release scheme such as a lifetime mortgage.According to a recent report from price comparison service ... read more

Could the hung parliament election result increase use of equity release schemes?

Friday, May 7th, 2010
Britons nearing retirement age are being urged to "shop around" for products in order to maximise their income following the result of yesterday's (May 6th) election.This could lead to a number of people taking out lifetime mortgages alongside their pension schemes in order to secure their retirement spending power.According to ... read more

Could an equity release scheme help homeowners give out more pocket money?

Friday, May 7th, 2010
The amount of cash young children receive in pocket money has been maintained over the course of the election, but a north-south divide has emerged, according to new research.Homeowners who are unable to afford to treat their loved ones could free up some of the cash tied into their property ... read more

Can an equity release plan stop the need to sell your home?

Wednesday, May 5th, 2010
It is unfair that many people feel pressured into selling their homes in order to pay for costly elderly care, it has been claimed.The comments could inspire a number of homeowners to use an equity release scheme to release some of the value of their home in order to meet ... read more

Will people ‘forced’ to retire seek equity release advice to cover lost earnings?

Thursday, April 29th, 2010
Britain's older population is losing £2 billion worth of earnings by being forced out of work by the country's default retirement age, according to a new report.The figure could inspire a number of people to seek equity release advice to find out how the value of their property assets could ... read more