Many over 50s don't have adequate savings for retirement shows LV= report - WalesOnline

Many over 50s don't have adequate savings for retirement shows LV= report WalesOnline This is why equity release schemes – loans raised against the value of a property and usually repaid after the owner has died – increasingly appeal to a generation which might have lived slightly beyond its means. The latest Equity Release Market ... and more »

Pensioners own property worth £743bn - ifaonline.co.uk

ifaonline.co.uk

Pensioners own property worth £743bn ifaonline.co.uk Equity release adviser Key Retirement Solutions has tracked the amount of equity held in property by over- 65s in 11 areas of the UK. It found a third is owned by pensioners in London (£125.31 billion) and the South East of England (£122.08 billion) ... Pensioners own property worth £743.07 BillionMyIntroducer.com Retired homeowners lose £6.38bn, KRSFT Adviser all 4 news articles »

SHIP spearheads a united fight against fraud - Mortgage Strategy

SHIP spearheads a united fight against fraud Mortgage Strategy Safe Home Income Plans has secured a place on the National Fraud Authority's Mortgage Fraud Forum as it looks to prevent equity release consumers being duped by scam artists. Andrea Rozario, director-general of SHIP, says that although fraud is a ...

Early End to Spring Bounce as Prices Remain Flat in May - PR Newswire (press release)

Bloomberg

Early End to Spring Bounce as Prices Remain Flat in May PR Newswire (press release) This group includes the traditional three Ds - Death, Debt and Divorce - but also features retirement, equity release and smaller property needs. This compares to only one in four who are looking to 'trade up', with growing family, space and school ... House prices static as downsizers dominate property marketMyFinances.co.uk all 54 news articles »

Payday loans 'trapping many in debt' - AG Equity Release

Payday loans 'trapping many in debt' AG Equity Release Taking advantage of equity release schemes could be a more attractive option for those in need of money, as such initiatives allow individuals to release cash from their property rather than get into debt. The findings come after Consumer Focus called ... and more »