Category: Uncategorized
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Get a Better Rate on Your Lifetime Mortgage
Are you considering a lifetime mortgage to release some equity from your home? You might want to take a look at the new Apex Interest Reward product from more2life. This new product could help you save money on your mortgage payments! How does it work? The Apex Interest Reward product works like a regular lifetime…
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Lifetime Mortgages On The Rise
It seems like house prices are on the rise again, and that’s good news for people looking to release some equity from their home. A recent study from Pure Retirement, a company that specialises in lifetime mortgages, shows that the average property value of new lifetime mortgage customers is now over £423,000. Homes Getting More…
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One in Three Pensioners Are Still in Debt!
It might surprise you, but a new study has revealed that a huge number of people in retirement are still battling with debt. A staggering one in three pensioners – that’s 3.3 million people – are carrying an average of £17,000 in debt! This means that retirees across the UK are collectively owing a massive…
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Retirement Cash Boost: More Younger People Are Using Equity Release
It’s good news for those nearing retirement, as more people are using Equity Release schemes to get access to their home’s value. This means there’s more choice and a wider range of options available for people like you! Younger People are Turning to Equity Release According to the latest figures from Pure Retirement, the average…
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Marsden Increases Amount Older Homeowners Can Borrow
Marsden Building Society, a well-known lender for those approaching retirement, has just made it easier than ever to get a mortgage. They’ve increased the amount of money they’ll lend you, known as the loan-to-value (LTV). Here’s what’s changed: These changes are great news for anyone looking to buy a new home, do some renovations, or…
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Pension Shock: Are Women Set for a Retirement Crisis?
A new report has revealed that millions of people are facing a worrying future when it comes to their pensions, and it’s women in their 50s who are most at risk. The report, by Phoenix Insights, shows that 59% of people who have defined contribution pensions, where your retirement income depends on how much you…
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Early Repayment Charges on Lifetime Mortgage Costs Just Got Lower
A popular lifetime mortgage provider has just made it easier to access their money and potentially save you cash in the long run. More2Life, a big name in the lifetime mortgage market, has announced changes to their popular Maxi plan that could save you a packet! What’s Changed? The main change is that the dreaded…
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Could Your Pension Soon Be Used to Buy Your First Home?
Experts are calling for a shake-up of the pension system that could allow first-time buyers to use their pension pots for a deposit. One of the UK’s biggest asset managers, Schroders, wants the government to allow savers to use their pension savings early to buy their first home, the FT reports. They say it could…
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Livemore Announces Cheaper Rates to Unlock Your Home’s Value
If you’re over 55 and have a bit of equity tied up in your home, you might be interested in this news! LiveMore, a company that offers special mortgages for older homeowners, has just reduced their rates. This means you could unlock more of your home’s value and use it for things like topping up…
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Perenna’s Retirement Interest Only Rates Just Dropped!
Perenna, a mortgage lender, has just cut its interest rates on several of its popular products. This means you could save money on your mortgage payments, whether you’re buying a new home or remortgaging your existing one. What’s Changed? Perenna has made these changes: What Does It All Mean? These reductions mean you could save…