Pension Loans

Category: Uncategorized

  • Retirement Loans Take a Dip – What Does It Mean for You?

    New figures have been released that show a drop in the number of people taking out later life loans, which are designed to help us make the most of our homes in retirement. The data comes from UK Finance, which keeps track of how much money is being loaned out. They found that in the…

  • Older Homeowners Hit by Falling Property Values

    Are you planning on using your home to release some extra cash in retirement? You might be in for a shock. New figures reveal that older homeowners who are taking equity release from their properties are actually seeing their homes lose value. This could mean you get less money than you hoped for. Many people…

  • Unlocking Your Home’s Value – How Equity Release Can Help You Go Green

    Are you thinking about retirement and how you can make your home more energy-efficient? Well, you’re not alone! Many people are looking at ways to lower their energy bills and make their homes more comfortable. And now there’s a new way to do it, combining equity release with home improvements. Equity release is a popular…

  • Good News for Older Borrowers – More Options for Second Charge Mortgages

    It can be tough to get a mortgage when you’re older, but there’s some good news! Pepper Money, a lender that specialises in second charge mortgages, has made things a bit easier for folks who are retired or planning to work longer. What’s a Second Charge Mortgage? A second charge mortgage is like a loan…

  • Working Longer – More Over-60s Becoming Self-Employed

    You might be surprised to hear this, but there’s a growing trend of people over 60 choosing to work for themselves, even after they reach what used to be considered retirement age. According to new research from Rest Less, a community for people over 50, almost a million people over the age of 60 are…

  • Bank of Mum and Dad Digs Deep to Help Kids Buy Homes

    The cost-of-living crisis is hitting everyone hard, but it’s particularly tough for young people trying to buy their first home. And who are they turning to for help? Mum and Dad, of course! New figures show that parents are expected to hand over a staggering £30 billion to their children over the next three years…

  • Aviva Sees a Big Drop in Equity Release Sales

    Aviva, a major financial services group in the UK, has reported a 54% drop in equity release sales in the first half of 2024. This means they sold £114 million worth of equity release plans, compared to a much higher figure last year. They say this is due to “lower levels of market activity”. Why…

  • Cashing in on Downsizing – Could You Make Half a Million?

    If you’re approaching retirement and your family has flown the nest, you might be thinking about downsizing. And guess what? It could be a smart move for your finances, potentially putting a hefty sum of cash in your pocket. Big Returns for Downsizers New data from Rightmove reveals that homeowners who downsize from a five-bedroom…

  • Good News for Over-50s – Mortgage Rates Just Got Cheaper!

    Are you looking to buy a new home or remortgage, but worried about rising interest rates? Well, there’s some good news for those of us over 50. LiveMore, the mortgage lender that specialises in borrowers aged 50 to 90-plus, has just slashed their mortgage rates. The biggest reductions are on the longer-term fixed rates, giving…

  • Downsizing Boom – Pensioners Ditching Big Homes for New Adventures!

    More and more of us are saying goodbye to large family homes and embracing a fresh start! The Telegraph featured some inspiring stories of those who’ve taken the plunge. The Great British Downsize is Gathering Pace! For years, many of us have held onto our beloved family homes, reluctant to let go. But new figures…