Equity Release

Rate hikes: Is your monthly budget about to be squeezed?

Millions of homes across the UK are feeling the pinch thanks to rising inflation. With the base rate set to rise as soon as November, could a further squeeze on our budgets be imminent?Read more

A fork in a footpath representing the choice between remortgaging & equity release

A Quick Guide to Remortgaging vs. Equity Release

By The Bower Team / In Company News, 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 don’t want to sell or move house, then you might be thinking about remortgaging or equity release. Read more

5 reasons our customers choose to release equity

5 Reasons our customers choose equity release

By The Bower Team / In Equity Release

The Bower team are chatting face to face with customers every day and have acquired a vast amount of knowledge and experience when it comes to understanding the reasons behind each clients’ choice in releasing equity.

We asked our advisers what the top reasons their clients gave for needing the funds were. So based on real life customers, with real life needs, we’re sharing with you the top five reasons.Read more

Residential buy to let property in London

Buy to Let and Second Home Equity Release Products Launched

By The Bower Team / In Equity Release

Landlords of buy to let properties and homeowners aged 55+ with a second home can more easily access their property wealth thanks to exciting new equity release products recently launched.

The new buy to let equity release plans are specifically aimed at landlords aged 55 and over, allowing them to unlock a cash lump sum from their portfolio entirely tax-free.Read more

Family leaving a field together hand in hand

Can I still leave an inheritance for my family?

By The Bower Team / In Company News, Equity Release

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. Read more

Mortgage Strategy Awards 2017 – Winner

By The Bower Team / In Company News, Equity Release

A very successful night for Bower at the Mortgage Strategy Awards 2017 as we picked up the award for Best Broker for Equity Release.Read more

Video: what do you want from retirement?

Could equity release help you get what you want from your retirement?

By The Bower Team / In Equity Release, Retirement Planning

We spoke to customers about what they want from retirement. We saw some unique perspectives on how they like to spend their lives now work is behind them.
Read more

Graph of Equity Release Total Lending 2006 - 2016. Showing over £2 Billion in 2016

Equity release hits £2 billion milestone

By The Bower Team / In Company News, Equity Release

Equity release sales continued to soar in 2016, with total lending in 2016 surpassing the £2 billion mark for the first time. Read more

Home extension: A modern conservatory with garden view

Average equity release amount revealed

By The Bower Team / In Equity Release, Retirement Planning

A leading specialist in equity release has revealed this week the average amount of money being released by customers from their homes.

Bower’s figures show that later life homeowners are unlocking an average of £67,735 from their homes, and the tax-free cash is theirs to spend in any way they choose!Read more

House on a jar of coins, representing house price rise in 2016

House prices rose by £56 a DAY in 2016

By The Bower Team / In Company News, Equity Release

House prices rose by an average of £19,348 in 2016, with the average UK house price now fetching £308,790.

According to property website Zoopla, house prices in Britain increased by 6.68% between January and early December in 2016, up from £289,442 – the equivalent of £56.57 a day!Read more