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February 2010

Will house price increases rekindle interest in equity release plans?

26-02-2010 17:00 - Will house price increases rekindle interest in equity release plans?The amount of money available to British homeowners through equity release may increase as a result of house price rises.

House prices rose by 2.1 per cent in January to £165,088, according to new figures released by the Land Registry.

The highest annual price change was in...

Could equity release be used by Brits struck by a financial crisis?

25-02-2010 16:58 - Could equity release be used by Brits struck by a financial crisis?A fifth of Brits would opt to sell their home if they lost income due to health or serious illness, research shows, which may make them good candidates for equity release.

One in four Brits could access only £100 disposable cash in case of death or critical illness, a survey by Aviva...

Could equity release offer debt-ridden Brits respite?

24-02-2010 17:05 - Could equity release offer debt-ridden Brits respite?Equity release may provide some much-needed financial respite for many Brits, with research showing one in ten are living in their overdraft.

Ten per cent of British adults live permanently in their overdraft, according to a survey by moneysupermarket.com.

A further four in ten...

Half of Brits' finances are 'out of control'

23-02-2010 17:06 - Half of Brits' finances are 'out of control'More than half of Brits do not feel in control of their finances and many do not even have any savings, new research has shown.

A third of women and a quarter of men have no savings to speak of, according to the F&C Investments survey, which could see them relying on equity release...

Equity release being used to 'provide children with financial support'

23-02-2010 16:44 - Equity release being used to 'provide children with financial support'Equity release is increasingly being used as a means for parents to provide financial support to families, it has been claimed.

Speaking to the Financial Times, managing director of equity release specialists Home & Capital Advisers Nigel Hare-Scott said: "By making use of a...

Equity release advice 'key' for consumers

19-02-2010 12:21 - Equity release advice 'key' for consumersSpecialist advice is "key" for homeowners who want to get the most from equity release schemes, it is stated.

The latest research from Hodge Lifetime suggests that expert equity release advice will become increasingly important as equity release moves from being a form of...

Equity release 'a useful means of supporting retirement'

18-02-2010 11:56 - Equity release 'a useful means of supporting retirement'Equity release could become an increasingly important tool for people looking to raise funds for retirement, new research suggests.

Many older people may not be able to achieve their desired standard of living through pensions alone, so may look to alternatives such as equity release to...

Equity release schemes 'set for future growth'

17-02-2010 15:59 - Equity release schemes 'set for future growth'The market for home equity release schemes is set for a "vibrant" future, it is believed.

Several factors make the sector well-placed for growth as consumers increasingly look to derive the benefits of equity release mortgages, according to the fifth annual members' survey from...

Equity release opportunities may arise from mortgage overpayment trend

16-02-2010 12:08 - Equity release opportunities may arise from mortgage overpayment trendMany homeowners have been making overpayments on their mortgages in recent months, it is claimed, which may mean that they will be in a good position to benefit from home equity release schemes in the future.

One in five people (21 per cent) who are making overpayments have been looking to...