Feb 28, 2023

Can You Afford to Heat Your Home? Equity Release could help

According to a recent survey from moneysupermarket.com, a staggering 24 million people in this country would rather wear an extra layer of clothing than put the heating on. Whilst first thoughts may point to the view that Brits are just looking after their pennies, on closer inspection it may well be the case that many of these 24 million people cannot afford to heat their homes during winter.
1 min
Oct 24, 2010

Reasons to Turn to Equity Release

Everybody has an opinion on equity release schemes. Some see them as an excellent way to get some much needed financial support in retirement. Whatever your individual view, the fact remains that life in retirement could be changed for the better thanks to UK equity release schemes. They could mean the difference between living a comfortable retirement and or just getting by.
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 17, 2010

A Good Equity Release Adviser Explores all the Options

When you reach retirement it is natural to start to think about how you can make your life more financially secure. Many people these days are relying on their property to provide for them in retirement and so UK equity release schemes are a well researched retirement funding initiative. Equity release — as a lifetime mortgage or home reversion plan — allows for a tax free cash lump sum or cash reserve to be arranged using the equity in the home. The plans are available to those aged over 55 years of age and who own their own homes.
1 min
Oct 16, 2010

Equity Release Combats Inflation Rise

Whenever inflation rises it is usually the older generations who feel the pinch the most. This is exactly what is happening at the moment, with new figures revealing that those aged between 50 and 64 years have faced the highest rate of inflation in the last 12 months.
1 min
Oct 11, 2010

What to Look for in an Equity Release Adviser

Seeking good quality equity release advice is vital for people who are considering freeing up some of the cash in their homes. But what constitutes good quality advice and what should you look for in your equity release adviser?
1 min
Oct 10, 2010

Making the Most of Retirement thanks to Equity Release

People are living longer these days. The average life expectancy has shot up in recent times and compared to figures from a generation ago, people are experiencing retirements that last well over twenty years, meaning a significant proportion of your life could well be spent not working and looking to live life to the max.
1 min
Oct 8, 2010

How Equity Release Can Help Improve Life in Retirement

The last thing you should do once you have retired is sit around the home worrying about money, feeling like you can’t do all the things you always dreamed of doing in retirement. Wouldn’t it be great to get your hands on thousands of pounds that you could use to do things you never had the opportunity to do during your long years of work? Well with equity release, this dream can become a reality!
1 min
Oct 7, 2010

A Way of Borrowing in Retirement

Although the so called austerity measures announced by the Government are designed to cut public spending and get the economy back on track, the reality is the average homeowner is still facing serious financial difficulties even before the inevitable cuts come into force; especially those in retirement. Banks are still not lending and they are fearful that people will default on their loans. But what is the solution? One ever popular option for those over 55 is equity release.
1 min