Equity Release

172016Nov Valuable homes where cash can be unlocked

Retirees left disappointed after government scraps secondary annuity market

In October, thousands of retirees discovered they are stuck with their unwanted annuity incomes for life, as the government scrapped its plans to create a market for secondary annuities next year.

For those who had been relying on the opportunity to generate a cash lump sum in retirement from their ‘second hand annuity’, the decision will be deeply disappointing. Read more

72016Nov Boxes Moving House

Moving house with equity release

As we approach retirement our priorities naturally change, and what might have been the perfect home to raise a family in, may not necessarily be so perfect for us in later life.

It seems many people looking to move house these days are working towards a similar end goal. Research from the property website Rightmove found that 40 per cent of homeowners who are moving are selling their homes to downsize*. Read more

192016Sep Property is Pension

Property is pension for almost half of over-45s

Almost half of homeowners aged 45+ expect their property wealth to play a key role in their retirement income planning, according to recent figures.

The latest Real Retirement Report by Aviva has revealed that thousands of homeowners are relying on their property to assist them in retirement – despite a quarter of respondents stating they do not intend to downsize.Read more