Oct 25, 2010

Equity Release: Can Your Home be Your Pension?

After spending 40 odd years at work you would think you would've paid in enough to your pension to live a comfortable and happy retirement. Yet for millions of people this is just a dream, as poor financial management may have led to them retiring with just a pittance left to live on. This is the reality facing many people today and in future years. Being able to jet off around the world and live your retirement to the full is a thing of the past — or is it? One way that all of this may still be possible is to look at your home rather than your pension as the means of an income in retirement.
1 min
Oct 22, 2010

Equity Release: Treating Customers Fairly

Providing a service is one thing, but it is also extremely important that companies involved in equity release treat customers fairly and with the respect and confidentiality that they deserve and which must be provided with by law. At Bower we consider treating all of our customers fairly as a major company principle and we go about achieving this in a number of ways, so that the best lifetime mortgage or home reversion plan is sought on your behalf.
1 min
Oct 19, 2010

Live the Life You want with Equity Release

No matter how hard you work in life, by the time retirement comes around you start to realise that what you get out in terms of pension does not really match the effort that you have put in over the years. And combined with dwindling savings being commonplace, retirement for many is not as rosy a prospect as it once was. But worry not. If you own your own home and are aged over 55, with equity release, you still could have that retirement you have always dreamt of. Thanks to UK equity release schemes such as a lifetime mortgage or home reversion plan, you could be looking at a decent cash lump sum or a regular draw down income to enjoy in retirement exactly how you please.
1 min
Oct 15, 2010

Ditch the DIY: Equity Release Funds Home Improvements

The UK is a DIY mad country, with men and women of all ages more than willing to have a go at home improvements: whether qualified to do so or not. However, it is estimated that correcting DIY mistakes costs UK citizens hundreds of millions of pounds every year. Improvements around the home are obviously welcome, but with the time and energy — and money — needed to do them properly and put right the errors that so frequently occur, it seems the best course of action is to call in the professionals from the start. But how can home improvements be funded if the homeowners in question are living on a pension? Releasing Cash to Improve the Home — the Professional Way
1 min