Record breaking figures show annual growth at a 15 year high as 2017 sets a new milestone in equity release history with the highest lending in a single year standing at £3.06bn*. …
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Equity Release News
The equity release sector and the pinnacle moments of 2017
2017 was a record breaking year for the equity release sector. But what contributed to this success? We’ve listed the pinnacle moments from the past year. …
Property prices slashed as one-third are forced to reduce
Rightmove has announced that over one-third (37%)* of sellers already on the market have reduce property prices since first listing. They also report that it’s the highest proportion at this time of year for five years. …
The Budget 2017 – What it means for those in retirement
The Chancellor presented the Budget 2017 to Parliament on 22nd November. While there was good news for first time buyers, young rail commuters and those of working age, there was little to celebrate for pensioners. …
Update: Bower Highly Commended in the Personal Finance Awards
Bower were “Highly Commended” for Best Equity Release Adviser in the Money Pages’ 20th annual Personal Finance Awards. …
Nationwide launches lifetime mortgage service
Nationwide Building Society launches their lifetime mortgage product with the vision to address the needs of an ageing population. This is great news for the equity release market. Being another high street lender to offer the product, this is promising news for the market and confirms that equity release is considered even more mainstream for …
Could £83k help make your New Year’s resolution a reality?
We all have a list of New Year’s Resolutions. Whether we have physically written them down or just made a mental note of what we’d like to achieve over the coming year. Ones thing for sure – January the 1st is a chance for change. …
A Quick Guide to Remortgaging vs. Equity Release
House prices continue to rise and today the average home in the UK is worth £210,982 – that’s £15,249 more than two years ago*. It’s great news for homeowners, especially those seeking a cash boost in later life. If you’d like to unlock potentially tens of thousands of pounds tied up in your home but …
Celebrating My Grand Hero on Grandparents Day
What a wonderful few months it’s been! We’ve thoroughly enjoyed seeing all your entries in our My Grand Hero competition and it’s been lovely to celebrate all the amazing grandparents out there. …
Investment Life & Pensions Moneyfacts Awards 2017 – Winners
It was a fabulous night at the Investment Life & Pensions Moneyfacts Awards 2017 having won Equity Release Adviser of the Year! …