Good news for those people over age 55 that are considering equity release and were waiting for house prices to rise before making any decision. The Land Registry has recently released figures reporting that UK house prices increased during the last year by 8.5 per cent. Homeowners in London are seeing their properties increasing more than the rest of the UK, with prices increasing by 14.8 per cent. The average UK property price stands at £165,596.
If you are in need of capital to fund required expenditure or income to make ends meet on a daily basis then equity release could be worth considering. Available for over 55′s but realistically for the over 65′s. Equity release is not for everyone and you should consider all the options available before making a decision.
Retirement Solutions have advisers nationwide that can help you decide if equity release is right for you. If you prefer we can conduct business with you over the telephone, the choice is yours.
TO UNDERSTAND THE FEATURES AND RISKS ASK FOR A PERSONALISED ILLUSTRATION. AN EQUTY RELEASE PLAN WILL REDUCE THE VALUE OF YOUR ESTATE, WILL NOT BE SUITABLE FOR EVERYONE AND MAY AFFECT YOUR ENTITLEMENT TO STATE BENEFIT.
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