Pension Loans

Tag: Equity Release

  • 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…

  • 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…

  • 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…

  • Retirement Shock – Hundreds of Thousands Still Owe on Mortgages!

    It might surprise you, but there are hundreds of thousands of pensioners across the UK still struggling to pay off their mortgages! This is a big issue for many retirees, who often find themselves stretched financially. New research from the over-50s experts SunLife has shown that a shockingly high number of pensioners are still tied…

  • Retirement Boost! Pensioners Save £300 Million on Home Loans

    If you’re nearing retirement, or already enjoying your golden years, you might be able to save a lot of money on your home loan. New figures show that people who have taken out “equity release” loans have saved a massive £300 million over the last two years, simply by paying back some of their loan…

  • Are Your Retirement Dreams Being Down Valued?

    You’ve worked hard all your life, and your home is likely your biggest asset. So, it’s worrying to hear that some lenders are slashing the value of homes when people are looking to use their equity for retirement. What’s the Problem? Brokers, who help people get equity release loans, are seeing a worrying trend: lenders…

  • Pensioners are Using their Homes Less for Emergencies

    It seems like things are looking a little brighter for people who are nearing retirement, with a new report showing that pensioners are less likely to be dipping into their home equity to cover bills or unexpected costs. Less reliance on equity release A new report from Legal & General Home Finance shows a drop…

  • Don’t Be Fooled! 5 Equity Release Myths Busted

    Retirement can be a time to enjoy your hard-earned savings, and maybe even treat yourself to something special. But if you’re thinking about using your home to unlock some extra cash, you need to be careful. Equity release is a complex product that can be helpful, but it’s not right for everyone. There are a…

  • Pensioners Stuck with Peanuts While House Prices Soar!

    While house prices have been rocketing, pension incomes have barely budged, leaving many older Brits struggling to make ends meet. A new report by more2life has revealed the stark reality of pension incomes compared to house price growth. Over the last decade, average weekly pension income has only increased by a measly 1% after inflation.…

  • Pension Woes – One in Five Retired Brits Struggling Despite Owning Their Homes

    It’s a nightmare scenario: you’ve paid off your mortgage, you’re finally retired, but you’re still struggling to make ends meet. And shockingly, new research shows that this is the reality for one in five British retirees. A new study by Senior Capital, which surveyed over 2,000 people, has revealed the financial struggles facing many retirees.…