People are coming into retirement realising that they are in a far worse financial situation than they had anticipated.As a result of this, most people are stating the main reason they are turning to equity release is to boost their retirement fund. However, it seems that the monies are being used to make home improvements…

One solution could be equity release if you’re a homeowner entering later life and you’re worried about your financial wellbeing. It’s a scheme that allows you to unlock some of the value of your home and access cash that can supplement your pension or retirement income. Here’s everything you need to know about equity release….

The gender pension gap could be as much as ₤ 108,130 for single women in retirement. That’s according to more2life’s most current Later Life Lending report. The exact same research study also revealed that, when life expectancy is thought about, the retirement income shortage could rise to ₤ 186,120 for ladies who are married or…

This article is going to give you the answer to the most commonly asked question “how can I release more tax free cash from my home?’ An increasingly popular way to release equity from your home and boost your income is to use a lifetime mortgage. You could be eligible to release equity from your…

According to the Equity Release Council, the equity release market has shown signs of recovery following the coronavirus pandemic, but numbers are still lower than in previous years. Older homeowners withdrew £698m of property wealth in quarter two this year. The figure in quarter one was £1.065 billion this was almost £400m (34%) more than…

Equity release broker Equity Release Guru has reported that clients have continued to be positive regarding their plans for the future and are citing home improvements and holidays as the main driver. The percentage of customers mentioning home improvements as their primary factor for releasing equity just dropped a little from Q1 to Q2 by…

With over a million over-60s reconsidering their later-life care plans due to Covid-19, Canada Life today discloses that 55 percent still have not made a decision exactly how they will be able to fund it. Alice Watson, Head of Marketing, Insurance, Canada Life, says: “With people living longer lives and retirement now lasting up to…

More 2 life has introduced drawdown feature to its product range Oct. 1st, 2018 More 2 life has announced the addition of a drawdown feature, in addition, to its Capital Choice Plan. This will be available to all homeowners who are aged 55 and over, the option allows for a minimum amount of ? 2,000…

By Equity Release Guru “There is a component of pride attached to having the ability to comprehend monetary problems, and it’s understandable that a lot of feel like they can do it alone. ” When things are going well, in some cases you can miss issues staring you straight in the face. Equity release has…