0 Retirement Planner – Older is Getting Younger By Andrea Rozario / In Company News, Equity Release, Financial Planning, Press Releases The average age of a customer taking out a lifetime mortgage still sits at a shade under 70, but myself and advisers alike foresee this creeping down year on year. Right now, I think you’d still call 70 ‘later life’ but I’m sure many pensioners, and perhaps some of my friends and family, would strongly dispute this. To be honest, with life expectancy still, in the main, on the rise, I think I might agree that 70 really isn’t that old at all. But, for right now, I think it’s safe to say that equity release is still in the realms of ‘later life lending’. But this will change. Read more
0 Bridging the gap between the old and young By Andrea Rozario / In Company News, Equity Release, Press Releases The world seems to be totally imbalanced at the moment. What with the endless political drama here in the UK, the EU and across the pond in the States, 2020 was anything but dull. Add to this the continuing coronavirus pandemic and the worldwide financial difficulties many predict will drag on for years, and the gap between the haves and the have nots could widen even further. However, despite this rather dour outlook, there is one group of people who are consistently searching to level the playing field: older homeowners. Read more
0 Equity release – The next generation By Andrea Rozario / In Company News, Equity Release, Press Releases It’s hard to know how long some things will last. Nobody has twenty-twenty foresight and, especially in this most unpredictable of years, it’s almost always advisable to steer clear of concrete predictions. Read more
1 What Mortgage Awards 2020 – Nominee By The Bower Team / In Company News, Equity Release, Press Releases Bower is a nominee for the What Mortgage Awards for both Best Equity Release Broker and Best Equity Release Broker Customer Service! Read more
0 Lloyds introduces a 100% LTV mortgage for first-time buyers By The Bower Team / In Company News, Press Releases Lloyds bank has recently introduced a mortgage to help first-time buyers titled Lend a Hand a 100% LTV mortgage. Read more
0 Bower Focuses on Technology and Service By The Bower Team / In Press Releases Rebrand builds platform for expansion and new businesses Bower advises one in 10 equity release customers not to go ahead National specialist adviser Bower is focusing on increased use of technology and service for customers and partners as it rebrands for continued growth and recruitment. The adviser firm, founded in 2006 as an equity release specialist, has changed its name from Bower Services as it enhances its service for the growing retirement planning market with the launch of new online tools.Read more
0 MORE THAN ONE IN THREE OVER-55s “STILL HAVE MORTGAGES” By The Bower Team / In Press Releases For immediate release July 18th 2016 • Equity release advisers see surge in inquiries about interest-only issues • One in four equity release customers inquire about downsizing but decide against it , Bower research shows More than one in three equity release customers are still paying off mortgages highlighting the growing need for retirement lending solutions, research* from national specialist Bower shows. Read more