My Blog

How to improve your home during isolation with Equity Release

7th April 2020

There is no better time to think about home improvements than now. Why? Because you have the time to make plans, get quotes from renovation providers and contact companies who can help you find the finance you need, including Equity Release experts like Kevin Woods.

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You may be on lock down right now, but your equity is not!

24th March 2020

Stuck at home and worried about your finances? Now is the time to consider unlocking the equity in your property and giving yourself the financial peace of mind you need at this challenging time.

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What you can do to help prevent the spread of the Coronavirus and keep yourself safe?

18th March 2020

It is important that we all understand how to limit the exposure of the Coronavirus and help protect not only ourselves but our vulnerable family and friends, both young and old.

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Can I use Equity Release to buy a new home? The simple answer is ‘Yes!’

9th March 2020

Despite popular belief, Equity Release is not only for raising money against your current home but can also be used to help you purchase a different property.

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The secret’s out! You can clear your existing debts using Equity Release

10th February 2020

Ssshhhh…..this could be the best kept secret you will hear this year! At last, a way to clear your existing debts that could be available to UK homeowners aged 55+ NOW!

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Find out how the real evidence about Equity Release could help you move forward with your life

29th January 2020

FEAR....... False Evidence Appearing Real. How often have we let FEAR stop us from moving forward with our lives, from making a financial decision that could change our lives for the better if only we were brave enough to find out how?

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Flexible Options with Equity Release

27th September 2019

There are many reasons why having a flexible body is essential to our health and well-being. There are also many reasons why flexibility in our finances is equally beneficial.

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Use Equity Release to buy a holiday home abroad!

15th August 2019

Croissants for breakfast; tapas for lunch; gelato whilst watching the sunsetting on the Mediterranean coast……..owning a holiday home abroad makes this a typical day for an Equity Release customer who has released the wealth in their property to buy their dream home in the sun.

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Do you have a Lasting Power of Attorney?

24th June 2019

We take out insurance against damage to our cars, and protect ourselves against the loss of our possessions should they ever be stolen. Yet how many of us protect ourselves against the loss of our mental capacity? With the easy creation of a Lasting Power of Attorney, you can now give yourself the peace of mind knowing that your future will be protected with this vital legal document that ensures your best interest is governed by those who truly care for you.

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Switch your existing Equity Release plan for a cheaper deal today

14th June 2019

Switch you existing Equity Release plan for a cheaper deal today!

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How to find a good Equity Release Adviser

15th May 2019

How to find a good Equity Release Adviser

With the growing number of Equity Release companies and advisers nowadays, it is hard to know who to turn to if you are considering taking out an Equity Release product. And you are right to be cautious when you are entrusting your finances into the hands of financial advisers, as you need to ensure that you are dealing with people who have your best interest at heart.

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How to find a good Equity Release Adviser

To ‘B’ or not to ‘B’? Surviving Brexit with Equity Release

18th April 2019

Brexit: dare we even mention the word nowadays? Such political and financial uncertainty has left us all feeling bewildered and disillusioned. However, the financial security you are looking for could be provided through the more predictable alternative of taking out Equity Release.

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Equity Release – the best gift you could give to your children

27th March 2019

Nowadays, stepping onto the property ladder for many people seems out of reach due to the recent rise in house prices alongside a sluggish growth in wages. Gifting to your children through Equity Release could be the answer to this problem and the best gift you may ever give them.

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Let Equity Release help with your Care Costs

20th March 2019

It’s good news! Nowadays we are all living longer. However, as we get older, we may find ourselves in need of daily assistance in our own home to be able to continue living there comfortably, rather than move to a care home.

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Equity Release – Simply a ‘Loan’ You Can Pay Back Like Any Other

1st March 2019

Releasing equity from your property in the form of a Lifetime Mortgage can often be a far less expensive way of taking out a loan nowadays with many plans offering fixed interest rates as low as 3.7% per annum

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Over 55-year olds are ambitious and young at heart!

20th February 2019

Why Equity Release is perfect for over 55-year olds.

It seems that age is no longer a barrier for the majority of our over 55-year olds and that retirement represents the beginning of a new and exciting stage of their lives rather than the end of their flourishing youth!

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Why Equity Release is perfect for over 55-year olds.

Kevin Woods wins ‘No. 1 Top Advisor Award’

19th February 2019

We are delighted to announce that Kevin Woods was awarded the Number 1 position of Top Advisor 2018 by The Right Equity Release. This award recognises not only the number of sales he has achieved and the increased growth of his business, but also his ability to offer his clients a comprehensive, honest and personal level of service which has resulted in a reputable level of customer satisfaction.

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New Year, New Resolutions… but what about your finances?

16th January 2019

How equity release can help your finances

We all love the excitement of a New Year and the thought that this year we can do it all differently – and this is particularly true when it comes to our finances. Many of us begin a new Year with the plan that this year we are going to be more financially ‘fit,’ clear our debts, and really understand where our finances are going every month. Yet often by February our old habits have returned, we are overspending, and more importantly, our debts remained untouched. We face another 11 months ahead of monetary anxiety until we decide to address our financial concerns once again next New Year.

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How equity release can help your finances

Struggling to make ends meet on your pension? Let your house help you out!

21st December 2018

Income Lifetime Mortgage

So, you have been receiving a regular monthly salary for most of your working life, and now that you have reached the age of retirement the financial security of your monthly pay slip is gone, only to be replaced by whatever form of pension plan you have, or have not, put in place. Undoubtedly your monthly salary is now going to be lower than the income that you have become accustomed to; if this difference is significant, how are you going to be able to pay the bills and make ends meet each month, let alone maintain the lifestyle of eating out, buying treats for the grandchildren or going for the occasional trip to the spa/overseas that you have become used to?

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Income Lifetime Mortgage

Interest-only mortgage coming to an end? Let Equity Release help you pay back your original mortgage

5th November 2018

When it comes to mortgages, there are so many factors to consider. One of the most important decisions is whether to apply for a repayment mortgage or an interest-only mortgage. With a repayment mortgage, your monthly payments go towards clearing some of the original loan as well as paying the interest owed on it; with an interest-only mortgage the payments only cover the interest on the loan and you do not repay the original loan amount until the end of term.

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The Equity Release Market is growing

8th October 2018

It’s good news! 2018 has been a fantastic year so far for the growth of this exciting new area of the Financial Marketplace. More and more people are seeing the wealth in their properties as a way of meeting their growing personal, social and financial needs.

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Business is growing!

3rd October 2018

Due to the growing success of our business we have moved into a larger office suite in our Park Gate Residence in Webb House and have introduced a new member of staff to help with the increased expansion of our business.

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Equity release now available on buy-to-let and second homes

16th May 2018

Kevin Woods explains and comments on this interesting new departure in the equity release marketplace

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UK sleepwalking into retirement income crisis

2nd May 2018

Kevin Woods details the Equity Release Council research showing millions of us will run out of money in older age

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Equity Release grows a staggering 58% in a year

19th May 2017

In the first three months of 2017, 8,604 equity release plans were sold - 58% up from the 5,447 sold in the same period in 2016. The value of these plans was also up - from £414 million to £633 million - a 53% jump. In this post Kevin outlines the huge growth in both equity release plans and their value since this time last year.

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Equity Release Council announces record-breaking year

17th March 2017

2016 was a record-breaking year for equity releases, the Equity Release Council has announced. The second half of the year saw £1.24bn worth of equity unlocked, up 37% on the first half of the year, and significantly higher than the £898m totalled in the second half of 2015.

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“Bungalow crisis” - Shortfall in specialist senior housing

27th February 2017

The International Longevity Centre UK recently published research that concludes that there is currently only sufficient specialist accommodation for 5% of the over-65s. Great Britain is facing a bungalow crisis, as single-storey properties are selling for hugely inflate prices in comparison with multi-storey.

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House price rises significantly outpace other income streams

5th January 2017

New research from the Equity Release Council shows that, over the past 20 years, house prices in England have risen at over twice the rate of pensioner households’ disposable assets, significantly outdoing other retirement income, such as the state pensions, investments and occupational pensions.

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Annual equity release lending is set to top £2bn for the first time

15th December 2016

It’s been a phenomenal and exciting year for the marketplace, says Kevin Woods

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The changing face of Equity Release

5th December 2016

Customers are utilising the empowering nature of Equity Release for interestingly different reasons as the years go by, says Kevin Woods.

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The Brexit effect? Lifetime mortgage interest rates at record low

26th October 2016

People have been looking out for significant financial changes in the wake of Brexit - now Legal & General offers one of the first clear examples.

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Expert reaction to Housing Minister’s comments highlights the flexibility that Equity Release offers

18th October 2016

Housing minister Gavin Barwell’s comments at the Conservative party conference that homeowners should skip a generation and leave their wealth to grandchildren has been challenged by figures in the finance sector, including Dean Mirfin, technical director at Key Retirement, and Nigel Waterson, chairman of the Equity Release Council.

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Low UK savings, increased longevity, soaring house prices: can Equity Release be the solution?

23rd June 2016

A recent survey shows that UK families have savings of an average of only £3,150. This varies across the country - from £10,000 in London to £1,833 in Humberside and Yorkshire. And 50% of adults have no savings at all.

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OneFamily a very welcome addition to the market

25th May 2016

People in the market for equity release have a wide variety of needs or desires. I have recently helped a 57-year-old customer release some equity to fulfil a mortgage shortfall, as well as a couple in their 80s do the same, but to fund the trip of a lifetime. Given this spectrum of circumstances and objectives, when it comes to financial matters, flexibility is extremely important.

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Equity Release officially more popular than ever

27th April 2016

Figures just made public reveal record first quarter results for 2016, with £393.9m worth of equity release lending spread among more than 5,000 plans – 21% up on the same period last year.

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New office + new PA = better service for you

7th April 2016

Equity release is becoming more and more popular, and my business in Hampshire is growing so fast, so I have taken on a new office and some administrative help to allow me to maintain my focus on delivering the best possible service and advice for my customers.

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Equity Release: the up-side alternative to downsizing

29th January 2016

Downsizing has its merits, and is an option I always consider during my initial conversations with prospective clients. But, as one couple found out, it does have its limitations.

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Why released equity is being used for many different property funding needs

19th January 2016

Equity release is increasingly described as retirement lending: the products themselves are evolving, as are clients’ reasons for choosing to unlock these assets.

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Pension income, then equity release: is this the future of retirement funding?

7th January 2016

Is retirement funding becoming a two-phase process (especially in light of the pension freedoms), where retirees use their pension savings first, and then utilise equity release to cover any subsequent shortfalls?

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Pros and cons of the downsizing alternative to equity release

4th January 2016

Home owners considering downsizing should certainly be aware of stamp duty, legal, removal and estate agency fees, as well as the emotional cost of moving away from the family home, neighbours, friends and familiar local services.

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The force is strong with house prices

23rd December 2015

Star Wars may be one of the most popular movie franchises in history – but I think that even that success pales in comparison with the 2519% growth in property value since 1977.

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Are you underestimating your property wealth by £90,000?

4th December 2015

Recent research shows that many homeowners have not had their property valued since they first bought it and do not appreciate its true worth, says Kevin Woods.

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Adapting your home so that you can stay in it for life

23rd November 2015

Many people are living in homes that will not be safe or practical for them in later life, but Equity Release can fund the necessary enhancements, says Kevin Woods.

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Careful financial planning in retirement has never been more important

5th November 2015

A recent survey of UK 50 to 75-year-olds reveals a variety of retirement expectations and some confusion in how to fulfil them, says Kevin Woods.

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Largest quarterly rise in Equity Release for 11 years

27th October 2015

More and more over 55s are recognising the logic in utilising their property value to boost retirement income and pay for later life expenses, says Kevin Woods.

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Client threatened with repossession; we found the solution

19th October 2015

If you are faced with a mortgage company at the end of your interest-only term, a Lifetime Mortgage can give you complete peace of mind, says Kevin Woods.

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Property price rises good news for Equity Release customers

6th October 2015

With London prices increasing by over 10% in 12 months, for example, there’s never been a better time for Equity Release, says Kevin Woods.

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Lower interest rates good news for Equity Release customers

2nd October 2015

With modest growth prospects and static interest rates, there’s never been a better time to consider Equity Release, says Kevin Woods.

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EXCITING NEWS: repay early without penalty!

30th September 2015

30th September 2015 sees a new lifetime mortgage product that lets you repay 10% each year without charge, says Kevin Woods.

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Are your children struggling to get onto the property ladder?

28th September 2015

Equity Release can help you support the prospective first-time buyers in your family, says Kevin Woods.

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Don’t have sleepless nights when there’s no need

9th September 2015

Many older people worry about paying bills, says Kevin Woods, whilst they have an average of £241,000 tied up their property. Recent research by the Equity Release Council (ERC) has shown that many older people face sleepless nights over their ability to pay bills, when all the while they are sitting on a potential housing goldmine.

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Why it’s vital to get professional Equity Release advice

12th August 2015

Kevin Woods puts the record straight on recent dialogue about early repayment charges (ERCs)

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Remembering the uses for Equity Release is CHILD’s play

11th August 2015

My clients often tell me that there are so many ways that they can benefit from equity release, that they struggle to remember them all.

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Q2 2015: Equity Release at an All-Time High

5th August 2015

£384.3m lending is largest since records began in 2002, despite perceived “competition” from new pensions freedoms

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Why not get in touch and see how we can help?

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

Working in partnership with

Pure Retirement