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Managing the Base Rate Increase: Exploring the Benefits of Equity Release
As of Thursday 22nd June 2023, the Bank of England implemented another interest rate hike, bringing it to 5% from 4.5%. This significant increase marks the 13th consecutive rise, putting additional financial strain on homeowners with variable mortgages. The surge in monthly payments continues to be a cause for concern for many, especially those on fixed incomes or nearing the end of their interes...
How To Check If You’re Eligible For Equity Release
Equity release is an appealing option for many people wishing to support their later life goals or fund their standard of living in retirement. However, we ofte...
Fact or Fiction: Revealing the Truth Behind Equity Release
Spend time in almost any company, large or small, and it soon becomes apparent that perhaps the greatest threat feared by the organisation’s owners and manageme...
Nationwide House Price Index: Let’s Put This Into Perspective
A recent television programme, The Blackouts of ’74: When Britain Went Dark, examined why the lights went out in 1974 and Britain was reduced to a 3-day working...
A few years ago, the National Lottery operators published results of a survey conducted among a very select group of people, major Lotto winners, after asking t...
How Mortgages and Equity Release Provide a Conduit Through Life
Any financial decision you make during your lifetime is never usually more important than taking out a mortgage to buy your dream home. The right advice at this...
Eurovision highlights cost of living crisis: Is equity release the answer for UK homeowners?
I’m old enough to remember artistes including Sandie Shaw, Lulu and Cliff Richard representing the UK in the annual Eurovision Song Contest, back in the days be...
Interest Rates Rise to 4.5%: How to Avoid Monthly Mortgage Payments
As of Thursday 11th May 2023, the Bank of England raised interest rates to 4.5%, marking the 12th consecutive rise. This means that people with variable mortgag...
How Voluntary Payments Can Preserve The Value Of Your Estate
Voluntary payments can be a game-changer for those who are considering equity release. It can provide customers with the flexibility to reduce the cost of borro...
The Impact of Spray Foam Insulation on Equity Release: Real-life Example and Expert Tips
Spray foam insulation (SFI) is an insulation material applied using a spray gun. The foam is made from a combination of chemicals that react and expand, creatin...