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Equity Release News

Welcome to our News page which is updated regularly to bring you the latest developments and guidance on equity release and financial advice in retirement. If you would like to be kept fully up to date with our latest news, please subscribe to our feed.

All information is correct at the time of publishing; as financial products are subject to change on a regular basis and often without notice, we recommend seeking up to date advice before taking any action. We cannot be held responsible for any action taken based on the information published on these pages.

Oct 07

Considering Changing an Existing Equity Release Plan?

By Geoff Charles

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

Good News for Savers Aged 50+

By Geoff Charles

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

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

By Geoff Charles

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

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

By Geoff Charles

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…)

Sep 30

Equity Release Doesn’t Stop Homeowners from Leaving an Inheritance

By Geoff Charles

Homeowners considering equity release can still leave an inheritance for loved ones, says Geoff Charles, Managing Director of Bower Retirement Services. (more…)

Sep 18

“Equity Release is safe when you take the right advice” says Geoff Charles

By Geoff Charles

Equity Release Specialist Geoff Charles says that releasing equity from a property is a perfectly safe way for retired homeowners to enjoy a more comfortable retirement free from financial worry; providing good quality independent financial advice is sought.

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