EQUITY RELEASE BLOG

Equity release is becoming more commonly used to fund holidays.

We are delighted to see that there has been a new standard added by Equity Release Council and are incredibly happy.

Over £740bn of equity was available for release in the UK in Q3 2021, the first time it has exceeded this milestone.

We are delighted to announce that one of our Directors, Paul Saroya has been added to the shortlist for the British Mortgage Awards 2021.

So what exactly does an equity release adviser do? We were asked just this question by the Equity Release Council.

The Equity Release market was a £4bn market in 2020 and has grown dramatically over the last few years due to the flexibility introduced.

Older homeowners used their property wealth to gift £530m to family and friends during the first nine months of 2020, with equity release.

Over the past four years the average equity release rate has fallen by 1.14% so that it is now on average cheaper to take out equity release

There are many reasons that our customers take out equity release, whether it is to fund their retirement, home improvements, a dream holida

20% of those considering equity release say that Covid-19’s impact on their broader family’s finances has meant they are likely to take it.

Enquiries about using equity release for gifting purposes have risen during lockdown, as older homeowners look to help younger generations.

As we continue to offer nationwide equity release and lifetime mortgage advice during Coronavirus lockdown.

If you are looking for an equity release advisor who will go the extra mile for you and not give up, please contact us.

Rising numbers of older homeowners are resorting to equity release to help out loved ones during the coronavirus crisis.

At Viva Retirement Solutions, we always work hard to help our clients to achieve their later life lending goals. Everyone's situation is...

Liz Murley has been re-appointed as the small firm representative on the Equity Release Council Standards Board.

Over 55s wanting to stay in their home rather than downsizing leads to a majority (80%) opting for equity release instead of moving home.

Older people are withdrawing £10m a day from their homes – adding up to £3.4bn last year – and it’s not just for new kitchens and dream holi

There is certainly a lot of interest in the later life lending sector these days and this is definitely down to a few main reasons.

The later life financial planning market has significantly grown in recent years following a demand from older consumers seeking advice...