If you are thinking about using an equity release plan to tap into your housing wealth and boost your retirement finances, you may be wondering where to begin. It’s a big financial decision with plenty of options to consider, so seeking the advice of a specialist in retirement funding is an essential starting point. …
Mistaken beliefs about equity release holding pensioners back
New research from LV= has found that almost one fifth of pensioners mistakenly think they will pass on debt with an equity release plan, while nearly a quarter believe their equity release borrowing could surpass the value of their home, despite strict regulations in place to ensure this does not happen. …
Help your children get a move on
If you have grown-up children turning to the ‘Bank of Mum and Dad’ to purchase their first home then you’re not alone. Parents are having to find £13,281 on average for this reason, a report by Lloyds Bank revealed earlier this year*. …
Top ten gifts for retirees
Choosing the right present for your colleague’s retirement is important to get right. It’s a token that says goodbye, good luck, congratulations, you’ll be missed – and most importantly, ‘thank you’. …
Andrea Rozario tackles Andrew Castle’s sensationalist claims
Bower’s Chief Corporate Officer, Andrea Rozario, responds to Andrew Castle’s scathing article on equity release published by the Sunday Times and the Mail online, tackling his misunderstanding of how equity release works and uncovering the truth behind the claims. …
10 ways to add value to your home
Whether you’ve recently moved into your home or been living there for years, chances are there’s a few improvements you could carry out that will make a huge difference to the look and feel of your property. …
Ten things to ask your equity release adviser
Equity release is a big financial decision and usually a long term commitment, so asking the right questions and considering all your options is important. Your specialist equity release adviser is central to this, and should provide you not only with all the facts and information you need to make an informed decision but will …
Best holidays for over 55s
If you feel this year’s summer was over before it began, perhaps you’re in need of a break to a sunnier climate. From a relaxing cruise or dream trip to somewhere you’ve always hoped to see, there’s bargains galore to be had at this time of year. …
Three reasons why equity release is at an all-time high
A staggering £384.3m was lent out by equity release providers in the second quarter of this year – that’s the largest of any quarter since 2002. The figures, released by the Equity Release Council, show that homeowners aged 55 and over withdrew on average £4.2m of housing wealth every day from April to June! But …
Tips for avoiding pension scammers
Following the landmark pension freedoms of this past April, the new pension savings landscape is giving fraudsters ample room to target the vulnerable. …