Press Releases

Andrea Rozario - Retirement Planner

Retirement Planner – Older is Getting Younger

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. 

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Andrea Rozario

Bridging the gap between the old and young

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.

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Bower Team

Bower Focuses on Technology and Service

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


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.
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