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Consumer confidence increases from its five month low

05/10/2011
Right Equity Release
According to a recent survey consumer confidence index has risen in September from August’s -31 to -30. Although, this means that it has only risen by a mere 1 point this rise is needed because it has been consistently dropping since May.


The survey revealed other areas slowly improving including outlook on personal finances which has risen by 1 point and the climate for major purchases which has risen by 3 points putting the level at -28.


This level is not expected to rise by much in October however as consumers start becoming more wary of spending especially in the run up to the festive period.


If you are looking to free up some much needed funds and you are a homeowner aged 55 and over then equity release could help you. Equity release plans such as the lifetime mortgage help by releasing equity from your property so you can make use of that money for whatever purpose. 


For more advice on how equity release could help you contact the right equity release.

 
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