Archive for October, 2009

Good News for Savers Aged 50+

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…)

Quality in-Home Long Term Care can be funded by Equity Release

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…)

First Time Buyers can Get on the Property Ladder thanks to Equity Release

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…)