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Equity Release Trade Industry Updates
As people enter later life, they sometimes find that as much as they have tried to save up, plan and prepare, that they need additional income in order to do everything that they want to do. Whether it’s for home renovations, luxury holidays or to just simply enjoy a more comfortable retirement, one solution could be to release some of the money …
In recent years, not only has there been an increase in homeowners looking to release funds from their home via equity release, but the market has also grown more competitive with lower fixed interest rates and increased flexibility within the plans. Whether you already have an equity release plan in place, or it is something …
Equity release can be a great way for homeowners to access some of the cash tied up in their property to spend as they wish; whether it’s paying off debt, home improvements, holidays or simply enjoying a comfortable retirement. However, sometimes all of the terminology, jargon and finance lingo can be confusing which makes it …
One of the questions most commonly asked during equity release appointments is: “Can I still leave an inheritance for my family?”. The short answer is yes. In this article, we explain how. …
How old do you feel? For me, personally, it depends when you ask me. There’s certainly some days where I feel older than my prescribed ‘true age’, and then other moments where I am sure I’m far younger. But that’s the point, isn’t it? The time elapsed from our original birthday to now doesn’t define …
The average age of a customer taking out a lifetime mortgage still sits at a shade under 70, but myself and advisers alike foresee this creeping down year on year. Right now, I think you’d still call 70 ‘later life’ but I’m sure many pensioners, and perhaps some of my friends and family, would strongly …
The world seems to be totally imbalanced at the moment. What with the endless political drama here in the UK, the EU and across the pond in the States, 2020 was anything but dull. Add to this the continuing coronavirus pandemic and the worldwide financial difficulties many predict will drag on for years, and the …
It’s hard to know how long some things will last. Nobody has twenty-twenty foresight and, especially in this most unpredictable of years, it’s almost always advisable to steer clear of concrete predictions. …
Scottish Widows, the life insurance and pensions company, has announced that it is piloting an equity release lifetime mortgage product. …
The team at Bower are overwhelmed to have won the award for Best Equity Release Adviser Customer Service for the 8th year running at the What Mortgages Awards 2020. …
