5th January 2017
From 1994/5 to 2014/5, pensioners’ household incomes increased by 66% in real terms, whilst inflation-adjusted house prices rose 148%.
Whilst it is true to say that the rise in house prices has not been constant, universal or linear in this time, we can confidently predict that housing equity will continue to be a significant asset for the foreseeable future, and should be a factor in any debate that a homeowner over the age of 55 has about their financial provisioning.
I would like to see the government act to encourage people to include the money tied up in their property alongside their savings in any considerations that they make. I know from personal experience that equity release can play a hugely important and positive role for many couples and individuals who need to rethink their financial futures.
With uncertainty from many directions affecting investment returns, housing equity is likely to remain the most reliable source of income for pensioners for many years.
Equity release is the answer to so many financial questions. If you would like to know more about it, and see if it could be the right move for you, please book an appointment or request a call-back
We will be in touch as soon as possible to arrange a convenient time for a meeting, which is completely free of charge and without obligation.
I'll be in touch as soon as possible. If you'd rather call me in the meantime, please feel free to give me a call on 01489 45 45 45