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According to the Office for National Statistics, 1 in 3 children born today will live to see 100. However, there is a pessimistic attitude amongst the today’s older generation regarding how long they may live that could have a detrimental impact on their retirement income, an Aviva report has warned. …
Bower are proud to announce that we have been awarded the Gold Trusted Merchant accreditation from Feefo, the global feedback engine. …
The Equity Release Council has revealed that unsecured debt amongst the over 65s is on the increase. Over the past year, there has been a 16% increase in debt within the over 65s homeowner demographic; the average person who finds themselves in debt owes upwards of £1,500. …
With such a strong end to 2014, the first months of the New Year are likely to be record breakers for the Equity Release industry. More and more people are looking at releasing cash from their home to help fund their retirement. …
The vast majority of our equity release advisers expect the equity release market to grow, many believe the market could double in value. …
We are thrilled to announce that Bower has once again triumphed at the annual Equity Release Awards, taking home the ‘Best Financial Adviser – 10+ employees’ award for the second time. …
Readers of What Mortgage magazine have voted Bower as “Best Equity Release Adviser” for the second year running. Over 19000 of the general public voted in the prestigious awards held on 16 July at Minster Exchange in the City of London …
Lending to those at or in retirement has exceeded £1bn over the first nine months of this year, which is 34% ahead of last year. The average amount raised has also risen to a new peak of £67,000. …
Talk of how ‘grandpa’s home only cost him £5,000’ and how ‘50p could fund a day down the pub’ is usually followed by an open-mouthed response of shock & awe amongst the younger generations that tends to overstate the real interest they have in the topic. However, if they knew that grandpa’s home had now matured into an asset that dwarfs all others, their real feelings may match their facial hyperbole. …
Bower are proud to announce the appointment of Jon King as Non-Executive Chairman. …
