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Consumer confidence continues to fall
25/10/2011
For the fourth month in a row UK consumer confidence has continued to fall. This is the latest information to be released by building society, Nationwide.
September has seen yet another fall by three points on the mortgage lender’s consumer confidence index. This leaves the index at 45 points which is 10 points lower than the previous year. It has been announced that 80% of consumers believe there will be no improvement in the economy over the next six months.
This fall comes shortly after it was announced that retail sales rose in September by 0.6% which was more than expected by analysts.
With the economy and retail in particular struggling you may be looking for ways to free up some money.
Homeowners aged 55 and over can take advantage of equity release. Equity release plans such as the lifetime mortgage allows homeowners to release funds from their property that would otherwise be tied up.
To find out how equity release plans can help you contact the right equity release for more information.
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