October 29, 2024
It is possible to use equity release to purchase a new property. Lots of people want to move into their forever home, but it is simply out of their budget. If you have an existing […]
December 14, 2022
The most obvious reason you should consider budget planning is that it will prevent you from getting into debt, as you will be able to keep an eye on your finances and spend less than […]
December 8, 2022
To help you better understand equity release interest rates, we are going to introduce you to a few terms that you will frequently read about when researching this topic. 1. Compound Interest Compound interest, also […]
December 2, 2022
If you are asking whether you can work beyond retirement age, the answer is yes, and many people do. If, on the other hand, you are questioning whether you can return to work after you […]
November 27, 2022
According to a recent study looking into UK savings statistics carried out by GOV.UK, approximately 12 million people across the UK took out an Adult ISA savings account between 2020 and 2021 [1]. Whilst this […]
November 19, 2022
The Equity Release Council is an organisation that seeks to monitor the equity release scheme in the UK to ensure it is as safe as possible. It was created in 1991 to help combat the […]
November 14, 2022
As retirement is a milestone that most of us reach, you may be wondering why it is something you should make time to mentally prepare for. The truth is that too many pensioners have not […]
November 7, 2022
There are different definitions and measures of poverty in the UK depending on whether someone is single or in a relationship, whether they have children, and whether they are working. As this article is focused […]
October 31, 2022
If you are sceptical about how equity release can help homeowners in the UK, the best thing to do is look at the statistics. More and more people are using equity release products as the […]
October 26, 2022
It is predicted that around 418,000 people live in care homes in the UK, which is 4% of people aged over 65, and 15% of people aged over 85 (1). Evidently, though a good percentage […]