Pension Loans

Tag: Equity Release

  • 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…

  • 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…

  • 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…

  • Don’t Tax Granny’s House! How a Change to Inheritance Tax Could Help Young People Buy Homes

    You might be thinking about the future of your property, and how it can help younger generations get on the property ladder. But, a complex system of inheritance tax rules is actually making it harder for families to help each other. The Inheritance Tax Trap Inheritance tax (IHT) is the tax charged on your estate…

  • 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…

  • 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…

  • 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…

  • How To Save Thousands on an Equity Release Loan

    Are you worried about having enough money to live comfortably in retirement? You might be able to unlock some of the value of your home, and even save thousands in the process. Equity release lets homeowners over 55 borrow money against the value of their property. This way, you can access cash without having to…

  • Retirement Worries Keep Pensioners Up At Night!

    It might seem like many pensioners are sitting on a goldmine, with the average over-55 homeowner owning £311,000 worth of property. But new research shows that the reality is a lot bleaker. Many are worried about making ends meet in retirement, despite owning their homes outright. Homes Full of Equity, But Empty Pockets? The research,…