Category: Uncategorized
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Phil Spencer Explains Retirement Interest Only Mortgages
In a new video on his MoveIQ Youtube channel, UK property expert Phil Spencer explains what Retirement Interest Only (RIO) mortgages are, how they work, and their pros and cons. Here’s our summary… Is a Retirement Interest Only Mortgage Right for You? Are you over 55 and thinking about using the value of your home…
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Cashing in on your Home – More Pensioners Turning to Equity Release
With the cost of living squeezing household budgets, more and more people are looking to their homes to boost their finances. The good news is that the equity release market is booming, with more people than ever before choosing to unlock the wealth tied up in their properties. This means you’re not alone if you’re…
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Retirement Plans Changing – Younger People Turning to Equity Release
More and more people are finding new ways to boost their income and enjoy their golden years. Equity release plans are becoming increasingly popular, and the latest figures from Pure Retirement show some interesting trends. The Average Age is Dropping In the first half of this year, the average age of people applying for equity…
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Hanley Economic’s Retirement Mortgages Just Got Cheaper!
Good news for those of you nearing retirement or already enjoying your golden years! Hanley Economic Building Society has slashed interest rates on their Retirement Interest-Only (RIO) mortgages, making it easier to access your home’s equity. What are RIO Mortgages? RIO mortgages are specifically designed for people in or approaching retirement. They allow you to…
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Pensioners Left Behind – The Cost of Living Crisis Hits the Poorest Hardest
While many of us might think pensioners are doing alright, it seems that’s not the case for everyone. A new report by the Institute for Fiscal Studies (IFS) has revealed that the poorest pensioners are struggling more than ever. The IFS report has shown that the average income of the poorest pensioners has only risen…
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Plymouth Crowned Best Place to Retire
Want to swap the hustle and bustle of city life for a slower pace and stunning scenery? Well you might just have found your perfect retirement haven! Plymouth, the historic waterfront town in Devon, has been named the BEST place to retire in the UK by property experts Restless. And guess what? It’s not just…
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Good News for Older Borrowers! Hodge Makes it Easier to Get a Mortgage
Getting a mortgage can be tricky, especially if you’re approaching retirement or have an income that’s not always the same every month. But good news for those over 50 and those planning for retirement! Hodge, a well-known mortgage lender, has just made it easier for people with complex income situations to get a mortgage. What’s…
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Grandparents Get £20,000 Pension Boost – Just By Looking After Grandkids!
Are you a grandparent who loves spending time with your grandkids? You might be sitting on a hidden pension fortune! A new scheme means you can boost your state pension by up to £20,000 just by helping out with childcare. This is how it works: Looking After Grandkids? It’s Worth More Than You Think! The…
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LiveMore Cuts Retirement Interest Only Mortgage Rates
It’s good news for pensioners and those approaching retirement – LiveMore has cut mortgage rates on some of their popular products! This means you could save money on your monthly mortgage payments, helping you stretch your retirement income further. What’s Changed? LiveMore has reduced rates on two key types of mortgages: How Much Have Rates…
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Chorley Building Society Offers Stability with New Long-Term Fixed Rate Mortgages
Good news for older borrowers! Chorley Building Society has launched a range of new fixed-rate mortgages, offering security and peace of mind in these uncertain times. Long-Term Fixes for Older Borrowers Responding to demand for payment stability, the building society has introduced two new five-year fixed rate mortgages specifically designed for older borrowers. These products…