Oct 30
From 2 November 2009, the first £10,000 worth of savings will be ignored when assessing for Pension Credit entitlement which spells good news for pensioners, says Geoff Charles. (more…)
Oct 30
Bower Retirement Services has been shortlisted in two categories for the Equity Release Awards 2009. The Awards, sponsored by Liverpool Victoria Friendly Society and Safe Home Income Plans (SHIP), recognise providers (lenders) and financial advisers who offer the highest levels of products and advice in the equity release sector. (more…)
Oct 20
Around a third of the retired population are suffering the burden of a mortgage and/or other debts. Thankfully, for homeowners aged 55 plus, there’s a solution, says equity release specialist Geoff Charles. (more…)
Oct 11
Homeowners that fail to qualify for home improvement grants but face the need to have urgently needed or long-term desired work undertaken on their properties, whether new windows and doors, a new roof, conservatory, new boiler or heating system, fitted kitchen, bathroom or bedroom; are increasingly turning to Equity Release as the answer to their financial needs. (more…)
Oct 10
“Thousands of retired homeowners are realising the benefits of an equity release plan that releases money gradually without having to take a large lump sum”, says Geoff Charles, Managing Director of Bower Retirement Services. (more…)
Oct 07
Homeowners that took out an Equity Release plan more than five years ago could benefit from a review, says Bower Retirement Services, to see if they could save money by switching to a plan with a lower interest rate. (more…)
Oct 06
Savers reaching the age of 50 before April 5 2010 can put £3,000 more into their ISAs thanks to a jump in the contribution limit from £7,200 to £10,200 as of 6 October 2009. (more…)
Oct 05
Retired homeowners hoping for the very best quality long term care – in their own homes – are finding the financial solution in Equity Release, says Geoff Charles, Managing Director of Bower Retirement Services. (more…)
Oct 02
Getting onto the property ladder is becoming something of an impossibility for many younger would-be borrowers. Mortgage lenders demand a minimum 10% deposit rising to 25% if a lower interest rate is desired. But there could be a way of raising this money, says Geoff Charles, Managing Director of Bower Retirement Services, and it could well get the property market moving. (more…)
