Mature Times - Equity Release

Pensioners 'being forced to rely on home equity to pay for care'

Wed, 12 Nov 2008 16:27:14 +0000

According to a new poll, the biggest financial priority for a quarter of respondents aged 60+ (24.44%) is ensuring they have enough funds to pay for long term care should they need it.

Releasing equity bridges the gap for Huddersfield couple

Sun, 05 Oct 2008 16:22:51 +0100

Not every couple enters retirement with their mortgage cleared, so when one Huddersfield couple were faced with this situation, they looked at all the available options and decided to use some of the equity in their house to pay off all their bills.

Equity release puts Yorkshire couple on top down under

Fri, 05 Sep 2008 11:14:03 +0100

The trip of a lifetime is awaiting a South Yorkshire couple later this year – following their decision to release part of the value locked up in their home.

Pensions "crushed" by falling house prices

Wed, 20 Aug 2008 14:12:10 +0100

With property prices falling at the fastest rate since the 1990s crash, many older people are seeing their pension hopes diminish before their eyes as they were relying on equity in their homes to support their retirement, leaving some seriously struggling.

Why move – when you can have all this?

Wed, 06 Aug 2008 11:27:42 +0100

After living in their dream home for the last 42 years, the last thing that Doug and Pamela Boyes want to do is move. So when they were looking for some additional funds in their retirement years, the opportunity to release some of the equity tied up in their home - and stay where they were - proved to be the solution to all their needs.

Free for all readers – the Mature Times Guide to Equity release

Thu, 05 Jun 2008 10:51:51 +0100

If you are contemplating releasing equity tied up in your home, you will want to have some very important questions answered first. A new guide has just been produced by Mature Times which provides an independent overview - and copies of the new guide are available FREE to all our readers.

Ken’s steaming ahead in retirement – with a little help from In Retirement Services

Wed, 04 Jun 2008 14:53:32 +0100

Ken and Linda Townsend have just celebrated 40 years living in the same home – by releasing enough equity in the house to really make the most of their retirement years.

Sale and rent back: why caution is necessary

Mon, 15 Oct 2007 16:35:32 +0100

Not all “sale and rent back” schemes are the same. Some come from firms authorized and regulated by the Financial Services Authority. But some don’t. Does it matter? You bet it does, because while regulated firms have to offer a secure lifetime lease, the rash of new, unregulated companies now offering schemes do not. Here’s a checklist of what you need to look out for if you are considering one of these schemes.

Britons clueless over equity release

Wed, 04 Jul 2007 11:43:19 +0100

According to the latest research from Norwich Union, more than half of Britons have no idea what equity release actually is - which paints a worrying picture for an aging population and their understanding of retirement options.

Check your equity options

Wed, 01 Nov 2006 11:50:38 +0000

Releasing equity is not a decision to be taken lightly, but can be a viable option for some people looking to use their biggest asset to supplement income in retirement. Help the Aged offer some helpful advice.

“£400,000 needed to retire”

Thu, 01 Jun 2006 13:54:02 +0100

According to HomeWise Retirement Properties, the retirement housing and finance specialist, a woman retiring at 65 today and living on the average pensioner income will need around £437,886 for the rest of her life. The corresponding figure for an average man retiring at this age is around £366,912.

Exploring home options

Wed, 29 Mar 2006 12:37:23 +0100

If you, or a family member, are contemplating using a home to release money, make sure to get objective advice to get the right plan for you.

Equity release - is it the right thing for you?

Thu, 01 Dec 2005 13:31:44 +0000

According to the analysts in the financial sector, releasing equity from our homes will soon be extremely commonplace. A new guide is now available from Age Concern outlining the various options.

Get equity facts first

Tue, 01 Nov 2005 12:38:39 +0000

Thousands of cash-strapped pensioners are being failed by the pensions system and turning to equity release to make ends meet, warns Age Concern.