The Bank of Mum and Dad is well known for providing a helping hand at those expensive times of life. But the Bank of Gran and Grandad is increasingly in business too with the average gift to each grandchild being over £9,000, according to research by Saga in 2017. If you are keen to help your grandchildren financially, equity release could provide you with the funds to do so. In this blog, we look at some of the reasons for [...]
Releasing equity in your home is a major financial decision. The choice of equity release products available has never been greater, with an increasing range of features to suit individual needs. There are many benefits you could enjoy but, as with any financial product, you may be wondering how safe it is. At Access Equity Release, we believe it is important to be fully informed about all the features and implications of equity release before you decide whether it is [...]
Demand for equity release is growing and the number of product options has more than doubled in the space of a year. That is the key finding which stands out from the Equity Release Council’s Spring 2019 Market Report. But this massive increase in options makes the need for quality advice on equity release more important than ever. In this blog, we take a look at the report in more detail. Product options more than double Back in January 2018, [...]
Awareness of equity release is growing as more and more people approach retirement age in an asset rich but cash poor position. However, there is still a lot of confusion about the different products available and the terms used. For example, we know some people believe that equity release is where you sell and rent back your home, but in fact the two are completely different. So let’s clear things up by taking a closer look at some of the [...]
Staying fit and healthy changes as we age and this can be a challenge. Some medical risk factors increase as we get older and some are also linked to our body mass and lifestyle. Heart disease, some cancers and even mental health and capacity can be impacted by how we live. The good news is that we now know so much more than we used to about the measures we can take to keep our bodies and our minds healthier [...]
“At last I can use my pension for living, and even saving, rather than simply furnishing debt.”Mrs Thomson Feb 2019 At Access Equity Release we are proud of our excellent standards in customer service and quality advice. Here is just one example from a client who valued our open and thorough advice process before she decided to go ahead. Lifetime Mortgage “Fifteen months ago, I investigated a lifetime mortgage. My advisor was brilliant but I decided the time wasn't right [...]
For International Women's Day, Associate Director Amy Stromanis writes about the need for more women in key roles in our industry. As published in Mortgage Introducer 8th March 2019 I love this industry. Mortgages and in particular equity release – helping clients at a major junction in their lives to get the best out of their financial planning and the years ahead. It is rewarding work and the opportunities for career development are excellent. I am proud of my career [...]
We Brits love our homes. They are our castles, as the saying goes. Many of our equity release clients plan to make the most of their retirement by releasing cash for the home and garden improvements that they’ve long been wishing for. In fact, it is one of the most popular reasons for equity release. However there are also some major improvements you can make by the simple act of decluttering. Decluttering is an effective and affordable way to rethink the environment [...]
From Sweet Sixteen To Seventy, How Happiness Varies As We Age According to a recent report from the Resolution Foundation, statistics highlight happiness sweet spots in our lifetimes. The report found that well-being levels, which include factors such as happiness, life satisfaction, self-worth and lack of anxiety, tend to fall between our mid-20s and early 50s. They also rise between the age of 50 and 70. On the basis of age alone, says the Foundation, the key to happiness is [...]
Why We Support the #LaterYearsAreGreatYears Campaign Whilst researching for our Access Equity Release content and blogs, we are often reminded that later life and retirement years are too often blighted by outdated stereotypes in the media. Images of blue rinses and zimmer frames may be phasing out but sometimes perceptions of later life are completely at odds with our own later life experiences and those of our clients. It’s not just us. Campaigner and writer Joyce Williams recently published a [...]
