| |
Share, Like & Tweet!
|
|
|
< back to news stories
Benefits of Equity Release
17/11/2010
One industry expert says equity release schemes come with a wide variety of benefits.
Dominic Fraser Smith, retirement manager at Aviva, said that it allowed people over the age of 55 years to access equity on their property without having to move homes. It can have a significant impact on the retirement lifestyle of people as it is a reliable source of funds that can come in handy during a financial crisis.
He said: "If an individual doesn't have savings or other investments, in order to adjust the quality of life they have become accustomed to and to finance those purchases like home repairs or paying off outstanding mortgages or debt, equity release can do that."
Homeowners aged over 55 years who want to improve their retirement lifestyle and would like to know how much money the value of their property could release to help, can find out by contacting therightequityrelease.co.uk for equity release advice.
|
| |
|