5 reasons our customers choose to release equity

5 Reasons our customers choose equity release

The Bower team are chatting face to face with customers every day and have acquired a vast amount of knowledge and experience when it comes to understanding the reasons behind each clients’ choice in releasing equity.

We asked our advisers what the top reasons their clients gave for needing the funds were. So based on real life customers, with real life needs, we’re sharing with you the top five reasons.Read more

Retirees sitting under an umbrella

Retirees 46% worse off today than 10 years ago

Ten years on from the credit crunch and we’re still feeling the after-effects of the financial crisis. Retirees are achieving typical annuity incomes of 46% less than in 2007*.Read more

Winner! My Grand Hero Competition – August

We’ve had an amazing two month’s with our My Grand Hero competition and we have our second winner! Once again, it was difficult to pick just one as there were so many lovely entries and lots of incredible heroes, but we’ve found our next winner…Read more

Homes in the Cotswald, UK

Number of over-70s arranging mortgages rises 75%

The number of over-70s taking out mortgages has increased by 75 per cent to 16,000 in the past five years.

According to the financial website, 16,000 people in their 70s have arranged a new mortgage deal for their home since 2012. They now account for nearly a fifth of all lending to the over-55s, a jump from 1 in 10 just five years ago.Read more

Couple making a digital will

Should you get a digital will?

In the pre-internet day, death was a relatively simple affair. The belongings of the deceased would be sorted through, boxed up, and divided among family and friends to act as a tangible reminder of a life. A will, often called a “Last Will and Testament”, is a legal document that allows a person to give instructions on what to do with their possessions once they pass away. It is also used so that people can declare a legal guardian for their children in the event of their death.

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